Oman oil discoveries to boost production by up to 100,000 barrels, minister says

Oman's Oil Minister Mohammed bin Hamad al-Rumhy talks to journalists as he leaves the OPEC headquarters in Vienna, Austria December 5, 2018. REUTERS/Leonhard Foeger

June 4 (Reuters) - Oman has made new oil discoveries that will raise its production by 50,000 to 100,000 barrels in the coming two to three years, the state news agency said on Saturday, citing energy and minerals minister Mohammed bin Hamad Al Rumhy.

Crude oil reserves in the Sultanate currently stand at 5.2 billion barrels, and gas reserves at around 24 trillion cubic feet, he added.

Register now for FREE unlimited access to
Reporting by Yasmin Hussein and Omar Fahmy; Writing by Yasmin Hussein; Editing by Kirsten Donovan

Our Standards: The Thomson Reuters Trust Principles.