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$10bn Oman five-year plan
- Oman: Monday, April 10 - 2006 at 07:38
Oman plans to invest $10bn over the next five years developing its oil and gas sector, Oil Minister Mohammad bin Hamad bin Saif Al Rumhy told journalists yesterday, reported Reuters. He said by 2011 oil production would rise from 780,000 bpd to 900,000 bpd and gas output would double to 70-80m cubic metres a day.
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Peter J. CooperMonday, April 10 - 2006 at 07:38 UAE local time (GMT+4)
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This article was updated on Thu Apr 05 2007.
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