| Chief of State |
Sultan Qaboos bin Said al Said |
| Location |
Middle East, bordering the Arabian Sea, Gulf of Oman, and Persian Gulf, between Yemen and UAE |
| Population (July 2006E) |
3,102,299 (note: includes 577,293 non-nationals ) |
|
| Minister of Commerce and Industry |
Maqbool bin Ali Sultan |
| Currency/Exchange Rate (April 6, 2007) |
1 USD = 0.385 Omani Rial (OMR) |
| Inflation Rate (2006E) |
3.2% |
| Gross Domestic Product (2006E) |
$38.8 billion |
| Real GDP Growth Rate (2006E) |
4.2% |
| Exports (2006E) |
$23.5 billion |
| Exports - Commodities |
petroleum, reexports, fish, metals, textiles |
| Exports - Partners (2005E) |
China 21.6%, South Korea 19.4%, Japan 14.2%, Thailand 12.6%, UAE 7.1%, Taiwan 4.1% |
| Imports (2006E) |
$13.0 billion |
| Imports – Commodities |
machinery and transport equipment, manufactured goods, food, livestock, lubricants |
| Imports - Partners (2005E) |
UAE 22.4%, Japan 15.8%, UK 7.7%, US 6.7%, Germany 5.8%, India 4.2% |
|
| Minister of Oil and Gas |
Muhammad bin Hamad bin Sayf al-Rumhi |
| Proven Oil Reserves (January 1, 2007E) |
5.5 billion barrels |
| Oil Production (2006E) |
743,000 barrels per day, of which 91% was crude oil. |
| Oil Consumption (2006E) |
64,000 barrels per day |
| Crude Oil Distillation Capacity (January 1, 2007E) |
85,000 barrels per day |
| Proven Natural Gas Reserves (January 1, 2007E) |
30 trillion cubic feet |
| Natural Gas Production (2004E) |
607 billion cubic feet |
| Natural Gas Consumption (2004E) |
239 billion cubic feet |
| Recoverable Coal Reserves (2004E) |
None |
| Coal Production (2004E) |
None |
| Coal Consumption (2004E) |
None |
| Electricity Installed Capacity (2004E) |
3.3 gigawatts |
| Electricity Production (2004E) |
14.3 billion kilowatt hours |
| Electricity Consumption (2004E) |
13.3 billion kilowatt hours |
| Total Energy Consumption (2004E) |
0.4 quadrillion Btus*, of which Natural Gas (67%), Oil (33%) |
| Total Per Capita Energy Consumption (2004E) |
128.7 million Btus |
| Energy Intensity (2004E) |
12,332 Btu per $2000-PPP** |
|
| Energy-Related Carbon Dioxide Emissions (2004E) |
23.3 million metric tons, of which Natural Gas (63%), Oil (37%) |
| Per-Capita, Energy-Related Carbon Dioxide Emissions (2004E) |
8.0 metric tons |
| Carbon Dioxide Intensity (2004E) |
0.8 Metric tons per thousand $2000-PPP** |
| Environmental Issues |
rising soil salinity; beach pollution from oil spills; very limited natural fresh water resources |
| Major Environmental Agreements |
Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Whaling |
|
| Organization |
Petroleum Development Oman (PDO) controls all oil and natural gas resources. PDO is a partnership between the Omani government (60%), Royal Dutch/Shell (34%), Total (4%), and Partex (2%). Oman Oil Company (OOC) is the investment arm of the Ministry of Petroleum. |
| Major Oil/Gas Ports |
Mina al-Fahal |
| Selected Foreign Company Involvement |
BG, BP, CNPC, Indago Petroleum, Occidental Petroleum, Partex, PTTEP, Shell, Total |
| Major Oil Fields |
Yibal, Qarn Alam, Athel-Marmul, Bahja-Rima-Jalmud, Nimr, Karim Cluster, Harweel Cluster, Mukhaizna, Safah |
| Major Refineries (capacity) |
Mina al-Fahal (85,000 bbl/d) |
|
* The total energy consumption statistic includes petroleum, dry natural gas, coal, net hydro, nuclear, geothermal, solar, wind, wood and waste electric power. The renewable energy consumption statistic is based on International Energy Agency (IEA) data and includes hydropower, solar, wind, tide, geothermal, solid biomass and animal products, biomass gas and liquids, industrial and municipal wastes. Sectoral shares of energy consumption and carbon emissions are also based on IEA data.
**GDP figures from OECD estimates based on purchasing power parity (PPP) exchange rates.
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