06 Mar 2022 | 08:00 UTC

Oman's oil, condensates production in Jan. rose 7.3% on year

Highlights

Oil and condensate production was 1.03 mil b/d in January

Crude output climbed 10.9%, against a 4.3% drop in condensates

Gas production and import volumes fell 5.1%

Oman's production of oil and condensate rose 7.3% in January from a year earlier, according to the National Centre for Statistics and Information.

Oil and condensate production increased to 1.03 million b/d in January as crude output rose 10.9% and condensates fell 4.3%, it said on its website.

Oman is the Middle East's biggest oil producer outside OPEC, but it's a member of the OPEC+ coalition that has been boosting output collectively 400,000 b/d in recent months.

Oman's January oil quota was 812,000 b/d. Crude oil production averaged 809,742 b/d for the month, according to the statistics report. China, India and Japan purchased all of the crude oil exports for the month.

Meanwhile, Oman's production and imports of natural gas fell 5.1% over the period to 3.862 million cu m in January.

Editor:

Claudia Carpenter