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Discovery of huge quantities of gas in Oman
22:41 - 20/03/2018
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The newspaper "Arabian Business", that the company "Petroleum Development Oman" discovered large quantities of gas at the site "Congratulations" in Oman.
"This discovery will drive the economy of Oman and will meet the growing global demand for gas," said Raul Restroche, the company's chief executive officer at the annual conference of Oman's Ministry of Oil and Gas.
According to the newspaper, the gas reserves in the site of "Mabrouk" estimated at 4 trillion cubic feet, as well as contain the site of 112 million barrels of condensed gas.
Oman's oil and gas reserves in the country in 2017 were 4.74 billion barrels and the gas was then estimated at 25 trillion cubic feet, the Omani Oil and Gas Ministry said in its report at the conference.
The shares of the Omani government in Petroleum Development Oman are 60 per cent, while the rest are owned by Royal Dutch Shell (34 per cent), Total (4 per cent) and Partx (2 per cent) Which is equivalent to one third of the geographical area of the Sultanate of Oman. It has about 130 oil fields, 14 natural gas fields and more than 8,000 wells. End 25 n
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