Dublin, Aug. 05, 2021 (GLOBE NEWSWIRE) -- The "Will Gas Be the Game-Changer for Oman's Transition to a Brand New Era?" report has been added to ResearchAndMarkets.com's offering.

This report examines the risks and opportunities linked to Oman's gas, LNG and wider energy fundamentals, be it in terms of supply and demand, policy, upstream & LNG strategy and interplay with other fuels. It looks at the dynamics between macroeconomic fundamentals and trends (taking into account recent COVID impact), the role of gas in Oman's energy mix, including in the power and industrial sectors; the impact of upstream developments and the changes in its LNG portfolio.

The Sultanate of Oman has been going through a remarkable renewal of its gas and LNG industry since the late 2010s. Its gas revival since the start-up of the Khazzan tight gas and condensate field in late 2017, combined with renewed exploration momentum on the upstream front, has opened up new opportunities for its domestic gas market and its role as one of the longest-established LNG exporters in the Gulf region and in the world.

The nation has come a long way. Increased domestic production, combined with improved gas demand management especially in its power sector, has allowed the country to reverse its supply and demand balance at home and revive its LNG business, while a few years ago, Oman had contemplated mothballing some its existing liquefaction capacity.

Today, gas remains at the heart of Oman's strategy to fuel grand plans for economic diversification away from high reliance on oil income, in the prospect of dwindling oil reserves and amid high cost of enhanced oil recovery technologies at ageing fields. The stakes are far-reaching as new downstream and industrial investments are designed to boost in-country value, reduce one of the highest unemployment rates in the Gulf and address deeply entrenched socio-economic vulnerabilities displayed by dramatic protests during the 2011 Arab Spring.

But rapid changes on global oil and gas markets since the coronavirus pandemic, combined with budgetary constraints caused by lower oil prices, mean Oman is having to prove more agile in shaping a gas policy that fits in and supports ongoing efforts to address economic, political and even geopolitical challenges.

Key Topics Covered:

1 Introduction:
1.1 Overview

1.2 Economic indicators

1.3 Economic reforms, a slow process

2. What is driving gas demand in Oman?
2.1 Gas dominance in primary energy mix

2.2 Power sector

2.3 Industries

3. Gas supplies: from pipeline imports to domestic resources
3.1 Reserves

3.2 Production

3.3 Growing gas reserves

3.4 Pipeline imports

4 What is the role of LNG?

4.1 Competing with domestic demand

4.2 LNG Marketing

4.3 Changing Strategy

5 Conclusions


Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/r/a267zp