Refinery output drops 5.1% to 108.8M barrels
The article highlighted the economic and oil developments in the Sultanate of Oman up to the end of May. Total refinery production reached 89.9 million barrels, with a 6.7% increase in natural gas production, which rose to 29.5 billion cubic meters. The figures also indicated an increase in oil production to 198 million barrels, while oil exports amounted to 129.4 million barrels, with an average price rising by 1.3%. The report also mentioned the signing of 39 contracts in the Sohar Industrial Zone, with investments exceeding 214 million Omani rials. Refinery production declined by 5.1%, reaching 108.8 million barrels. The article also addressed regional issues, where Oman condemned attacks on ships in the Strait of Hormuz, with references to rainy weather opportunities and warnings of escalation in the region. It also reported the targeting of an ADNOCK oil tanker with a missile, which raised international concern. Additional events covered included the death of Messi’s father, updates on a fuel spill in Libya, and domestic matters such as security and traffic decisions, as well as reports of fatalities and injuries resulting from accidents.
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