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English news

15-Jan-2017

Crude oil production declines in December

The total production of crude oil and condensates in December 2016 fell by 1.76 per cent to 30.85mn barrels, indicating an average daily production of 995,191 barrels, according to the monthly report published by the Ministry of Oil and Gas. The total quantity of crude oil exported abroad in December 2016 stood at 25.49mn barrels, a daily average of 822,313 barrels –representing a decline of 11.17 per cent compared to November 2016. (Times of Oman)

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