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Sultanate of Oman’s oil and condensate production surpassed 323 million barrels at the end of October

The production of crude oil and condensate of the Sultanate of Oman continues to grow in the last months of this year (2022), registering an increase of 10.4% at the end of last October.

The data revealed by the National Center for Statistics and Information in Sultanate of OmanToday, Saturday, December 17 (2022), the country’s production of crude oil and condensate increased to 323 million 729 thousand 700 barrels at the end of last October, compared to the same period last year 2021.

And strike To produce The Sultanate of Oman of crude oil and condensate in October 2021 amounted to about 293 million 226 thousand and 300 barrels, according to data from the National Center, viewed by the specialized energy platform.

Production of crude oil and condensates

Sultanate of Oman crude oil production alone increased by 14.1%, while crude oil production decreased capacitors Oil prices have increased by 2% through the end of last October 2022, compared to the same period in 2021, according to what was seen by the specialized energy platform.

Oman's oil production
Oil fields in the Sultanate of Oman – Photo courtesy of the Omani News Agency

At the same time, Oman’s average crude oil price increased by 56% through the end of last October 2022 to US$96.3 a barrel, up from around US$61.7 a barrel at the end of October last year. year 2021, according to what is reported.published an agency Oman news.

The Sultanate of Oman’s oil exports increased by 13.4% through the end of October 2022, to 269 million 396 thousand and 200 barrels, compared to the same period last year 2021, which amounted to 237 million 493 thousand and 100 barrels.

Oil exports to Asian countries

Oil exports to Japan recorded a 201.7% growth, reaching 10,214,300 barrels through the end of October 2022, compared to the same period last year, equal to 3,385,700 barrels.

The Sultanate of Oman’s oil exports to South Korea increased by 73.6% in October 2022, reaching 11,364,000 barrels, compared to October 2021, which amounted to 6,547,800 barrels.

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