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Oman plans to establish an integrated gas company to manage all natural gas assets, including exports and imports of the commodity and its derivative products. The new company by Oman’s Finance Ministry is aimed at improving the country’s economic indicators by excluding gas purchase and transport costs from the general state budget. The move will “upgrade” the efficiency of the sector by recognising the net revenue from gas sales.

Oman To Set Up Integrated Company To Manage Natural Gas Assets

Oman plans to establish an integrated gas company to manage all natural gas assets, including exports and imports of the commodity and its derivative products. The new company by Oman’s Finance Ministry is aimed at improving the country’s economic indicators by excluding gas purchase and transport costs from the general state budget. The move will “upgrade” the efficiency of the sector by recognising the net revenue from gas sales.

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