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FinancialNews


  • 01-04-18

    Oman's hydrocarbon sector to drive growth for another 20 years

    (MENAFN) Oman's Minister of Oil and Gas revealed a forecast for the hydrocarbon sector to witness a growing key contribution in economic growth in the next 20 years.

    The statement was made by Minister Dr Mohammed bin Hamad al Rumhy during the opening of an Oil & Gas forum a week ago.

    The minister stated "the next 20 years or so look very promising in terms of resources and opportunities to produce more hydrocarbons in the country."

    He also emphasized how Oil & Gas maintains its strong status in the market, regardless of efforts to impose diversification in energy past hydrocarbons.

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