State-owned Public Authority for Electricity and Water (PAEW) said that it is working along with Authority for Electricity Regulation and other agencies to introduce a fully cost-reflective tariff for large industrial consumers of electricity. PAEW also led (on behalf of the Ministry of Finance) a major study examining the National Energy Strategy – the NESS study. This study, which started in 2014 and examined the development of the whole energy system in Oman up to 2040, was completed in 2015 and recommendations have been passed to the Ministry of Finance to progress within the government. One of the key recommendations of the NESS project was a reform of energy pricing to gradually eliminate subsidies over a number of years. (Times of Oman)