Oman’s Oil Production Announced

Oman’s proven oil reserves stood at 4.8 billion barrels in 2024, with total production reaching 363.3 million barrels and exports at 308.4 million barrels, according to the latest data from the National Centre for Statistics and Information (NCSI).

Natural gas reserves were estimated at 658.5 billion cubic metres, while domestic consumption amounted to 56.5 billion cubic metres. Exports of liquefied natural gas totalled 12 million metric tonnes during the year.

In the electricity sector, total production rose to 49.1 terawatt-hours (TWh) in 2024, up from 45TWh in 2023. Natural gas continued to dominate the power mix with 44.8TWh, while renewable energy contributed 2.4TWh—2.3TWh from solar and 0.1TWh from wind. The Ibri 2 solar plant accounted for the largest share, generating 1.56TWh.

Water production reached 519.7 million cubic metres in 2024, compared to 520.4 million cubic metres the previous year, reflecting a marginal 0.1% decline. Muscat governorate recorded the highest distribution at 136.9 million cubic metres, followed by Dhofar with 52.3 million cubic metres and North Batinah with 34.3 million cubic metres.

The number of wastewater treatment plants increased to 67, with a combined capacity of 147.2 million cubic metres. Desalination remained the main source of supply, accounting for 89% of total water production, while wells contributed 11%—unchanged from 2023 levels.