Natural Gas Reserves Valued
November 7, 2005
According to Al-Khaleej newspaper (November 7, 2005), the Omani Ministry of Oil and Gas announced that Oman’s proven natural gas reserves (associated and non-associated) rose by 0.53 trillion cubic feet (TCF) to reach 24.24 TCF in 2004. The Sultanate’s predicted natural gas reserves are estimated at 33.8 TCF.