Saturday 27 / April / 2024
Muscat: The Sultanate of Oman is the second largest exporter of natural gas in the Arab world, said the Organisation of Arab Petroleum Exporting Countries, OAPEC.
A report issued by the Organisation of Arab Petroleum Exporting Countries “OAPEC” confirmed today in Kuwait that the Sultanate of Oman’s total exports of liquefied gas during the first quarter of 2023 amounted to about 3.1 million tonnes, compared to about 2.9 million tonnes during the same period in 2022.
The report added that the Sultanate of Oman's exports of liquefied natural gas increased by 6.9%, which is the third highest growth rate in the Arab countries.
It also stated that the gas liquefaction units of the Oman LNG Company in Qalhat are operating at full production capacity, which, after removing bottlenecks, reached 11.5 million tons per year.
The report confirmed that with these high levels of exports, Oman has become the second largest exporter of liquefied natural gas at the level of the Arab countries, after the State of Qatar.
At the global level, the report stated that LNG exports reached a record high during the first quarter of 2023, after reaching 104.5 million tons, compared to 98.5 million tons in the corresponding period of 2022.
The report explained that Arab countries' exports of liquefied natural gas increased during the first quarter of 2023 to reach 29.5 million tons, with a growth rate of 7.1 percent.
