Oman Plots Refinery Buildout, Aims for Downstream Hub Status

NEW DELHI--September 2, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Oman's oil production increased to 951,000 barrels per day (BBL/d) in 2019-20, while oil consumption stood at 295,000 BBL/d. The gap presents Oman with a significant opportunity to enhance its export market, as well as reduce its dependency on imports, by building out its Petroleum Refining Industry.