Commodity Market Report

Oman energy markets long-term outlook 2017: Domestic demand and LNG exports competing for gas supply

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15 May 2017

Oman energy markets long-term outlook 2017: Domestic demand and LNG exports competing for gas supply

Report summary

BP's Khazzan field will ease tightness in Oman's domestic gas balance and support an increase in LNG exports in the short term. From the mid-2020s declining production combined with growing demand will lead to a continuous decrease in LNG exports. Gas will remain the dominant fuel in Oman's energy mix. Population and economic growth will drive gas demand mainly from power generation and industry. From an overall economic perspective oil will remain important to Oman but this role will continually decline due to decreasing production and – at least for the medium term – low oil prices.

Table of contents

  • Executive summary
  • Economic outlook
  • Policy and regulation
    • Industry
      • Gas
      • Oil
      • Electricity
    • Transport
    • Residential, commercial and agricultural (RCA)
    • Power
    • Gas
    • Oil

Tables and charts

This report includes 9 images and tables including:

  • Key facts (2005-2035)
  • GDP and industrial production growth (2005-2035)
  • Industrial fuel mix (2005-2035)
  • RCA fuel mix (2005-2035)
  • Electricity generation by fuel (2005-2035)
  • Gas infrastructure
  • Gas supply - demand balance (2005-2035)
  • Oil supply - demand balance (2005-2035)
  • Demand: Image 2

What's included

This report contains:

  • Document

    Oman energy markets long-term outlook.xls

    XLS 816.00 KB

  • Document

    Oman energy markets long-term outlook 2017

    PDF 544.11 KB

  • Document

    Oman energy markets long-term outlook 2017

    ZIP 784.36 KB

  • Document

    Executive summary

    PDF 130.35 KB

  • Document

    Economic outlook

    PDF 98.59 KB

  • Document

    Policy and regulation

    PDF 57.28 KB

  • Document

    Demand

    PDF 127.60 KB

  • Document

    Supply

    PDF 297.83 KB

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