Apr 16, 2025 · OQ, Oman''s energy transition enabler, leading the liquefaction infrastructure, will develop the hydrogen plant along with related storage and export facilities, contributing directly
Jul 5, 2023 · The Sultanate of Oman''s energy industry continues to flourish, evidenced by the substantial number of productive fields and impressive figures in production and exports. Per a
Unlike the national energy production, gas accounts for the largest amount of primary energy supply in Oman (18,040 ktoe), followed by crude oil (9,927 ktoe). Oman is a fossil fuel exporting country. In 2011, the country was exporting 39,481 ktoe of crude oil, 2,152 ktoe of oil products and 9,797 ktoe of natural gas.
Oman has highly negative net exports under the machinery including computers product category. One Omani corporation ranks among Forbes Global 2000, namely Bank Muscat (regional bank). Wikipedia also lists export-related companies from Oman. Selected examples are shown below.
Oman’s top 5 most valuable exported products are crude oil, petroleum gases, processed petroleum oils, semi-finished goods made from iron or non-alloy steel, then nitrogenous fertilizers. Combined, those five product groups represent over four-fifths (83.3%) of Oman’s total exports by value in 2023.
Oman has highly positive net exports in the international trade of petroleum oils (both crude and refined) as well as petroleum gases. In turn, these cashflows indicate Oman’s strong competitive advantages under the mineral fuels including oil product category.
Year over year, revenues collected for Oman’s total exports flatlined via a -1.5% slowdown compared to $66.1 billion for 2022. Oman’s top 5 most valuable exported products are crude oil, petroleum gases, processed petroleum oils, semi-finished goods made from iron or non-alloy steel, then nitrogenous fertilizers.
Overall, Oman generated an estimated US$44.1 billion trade surplus for 2023, up by 60.3% from $27.5 billion in black ink one year earlier in 2022. The following types of Omani product shipments represent positive net exports or a trade balance surplus.
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