Oman’s crude production falls marginally to 27mn barrels in February
Oman produced 27.16mn barrels of crude oil in February, equivalent to 970,000 barrels per day, according to a monthly report released by the Ministry of Oil and Gas here on Sunday. The report indicates a marginal drop of 0.09 per cent, compared to January 2017. Of the total production, some 22.53mn barrels of crude oil were exported in February 2017, equivalent to 948,440 barrels per day - a fall of 6.4 per cent compared to the previous month. China was the major importer of the Sultanate’s oil, accounting for 82.49 per cent of total exports, which also shows a growth of 18.33 per cent over the previous month.
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