Oman could turn into one of the biggest hydrogen suppliers in the world, the International Energy Agency has forecast in a recent report. The tiny Gulf sultanate currently generates some 60% of its export earnings from oil and gas but has set itself ambitious net-zero targets that would involve leveraging …
Read More »Iran, Oman Agree to Jointly Develop Hengam Oilfield
Iran and Oman have signed an agreement on their joint study on the shared Hengam Oilfield in the Strait of Hormuz, the Persian Gulf. The agreement was signed in the presence of President Ebrahim Raeisi and Oman’s Sultan Haitham bin Tariq Al Said in Tehran on Sunday, the Oil Ministry’s …
Read More »Oman is Now the Largest Exporter of Natural Gas in Arab World
The Sultanate of Oman is the second largest exporter of natural gas in the Arab world, said the Organisation of Arab Petroleum Exporting Countries, OAPEC. A report issued by the Organisation of Arab Petroleum Exporting Countries “OAPEC” confirmed today in Kuwait that the Sultanate of Oman’s total exports of liquefied …
Read More »Iranian, Omani Foreign Ministers Discuss Ties by Phone
Iranian Foreign Minister Hossein Amir-Abdollahian on Thursday evening spoke with his Omani counterpart Badr Albusaidi. Amir-Abdollahian congratulated Albusaidi on the beginning of the holy month of Ramadan and highlighted issues of mutual interest in bilateral ties including the need for coordination of the upcoming visit of Oman’s sultan to Tehran. …
Read More »Oman Welcomes Investment in Iran’s Renewables Sector
Rashid Al-Ghilani, Oman’s Chargé d’affaires in Tehran, has said his country welcomes investment in Iran’s renewable energy sector. Al-Ghilani made the remarks in an Iran-Oman business forum in Tehran on Sunday, the portal of the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported. The forum, focusing on the …
Read More »Crucial Global Strategic Oil and Gas Hub Oman Eyes Big New Projects
Oman’s significance in the Middle East, and therefore the world, is much greater than its 5.4 billion barrels of estimated proved oil reserves (the 22nd largest in the world) implies. Its true importance to both the U.S. and China is its critical geographical position, which makes it perhaps the most …
Read More »Oman’s Total Oil Exports Rise by 16.2% till the End of June 2022
Oman’s total oil exports saw an increase of 16.2 percent untill the end of June 2022 according to the latest statistics of the National Centre for Statistics and Information (NCSI). The report said that China topped the list of the Sultanate’s oil importing countries till the end of June 2022 …
Read More »Quarterly Non-Oil Export to Oman Jumps 168% Year on Year
The value of Iran’s non-oil export to Oman jumps 168 percent in the first quarter of the current Iranian calendar year (March 21-June 21), from that of the same quarter in the previous year, the spokesman of Islamic Republic of Iran Customs Administration (IRICA) announced. Ruhollah Latifi said that Iran …
Read More »Iran Exports to Oman Increase 103%
The Iranian Customs Spokesman said that the amount of non-oil trade of Iran with Oman was 4,190,000 million tons of goods worth more than 1 billion dollars. Roohollah latifi said in an exclusive interview with ILNA that “In the year 1400 (2021-2022), the amount of non-oil trade of Iran with …
Read More »Iran, Oman Agree to Revive Natural Gas Export Deal
Iran and Oman have agreed to revive a deal for natural gas exports to the latter and jointly develop Hengam natural gas field in the Strait of Hormuz in the Persia Gulf. The agreement was made during the recent visit by Iranian Oil Minister Javad Owji to Muscat. The deal …
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