Latest news with #NationalCentreForStatistics
Zawya
4 days ago
- Business
- Zawya
Industry consumes over half Oman's gas output
Industrial projects consume more than half Oman's gas production of nearly 150 million cubic metres per day while the rest feeds oil wells and power facilities. Oman produced nearly 18 billion cubic metres of natural gas in the first four months of 2025, an average 150 million cubic metres per day, almost unchanged from output levels in the same period of 2024. Production in the first four months of this year included nearly 13.8 billion cubic metres of non-associated gas and the remaining quantities were associated gas produced from key oil fields in the Sultanate. Oil Ministry figures published by the National Centre for Statistics and Information at the weekend showed nearly 9.3 billion cubic metres of the produced gas were directed for industrial projects, including Oman's main LNG plant in the Southern port of Sur, where more than 10 million tonnes of LNG is produced annually. Around 4.2 billion cubic metres of the produced gas were used in the injection of oil wells while 4.3 billion cubic metres fuelled power facilities. The rest was allocated for industrial zones across the Gulf nation. Oman, which is not an OPEC member, controls around 25 trillion cubic feet of proven gas reserves, which could run out within 18 years at current production levels in the absence of new major gas discoveries. Oman's gas deposits are dwarfed by its Gulf neighbours, mainly Qatar which controls the world's third largest recoverable gas reserves of around 25 trillion cubic metres (875 trillion cubic feet). Oman also has around 4.5 billion barrels of extractable oil deposits and produces close to one million barrels per day. (Writing by Nadim Kawach; Editing by Anoop Menon) (
Times of Oman
4 days ago
- Business
- Times of Oman
Producer Price Index in Oman rises by 4.1%
Muscat: The general Producer Price Index (PPI) in the Sultanate of Oman recorded a 4.1% increase in the first quarter of 2025 compared to the same period in 2024, according to data released by the National Centre for Statistics and Information. The mining and quarrying sector saw an 8.9% rise, primarily driven by a 9.2% increase in crude oil and natural gas prices. In contrast, prices of metal ores declined by 3.8%, while prices of stones and sand decreased by 0.6%. Meanwhile, the manufacturing industries sector witnessed a 3.8% decline, mainly due to an 8.8% drop in prices of other transportable goods. On the other hand, prices of metal products, machinery, and equipment rose by 3.2%, while prices of food products, beverages, and textiles increased by 0.7%.
Times of Oman
27-05-2025
- Business
- Times of Oman
Value of fish landed in Oman reaches OMR159,726
Muscat: The total value of fish landed from various fishing activities (artisanal, coastal, and commercial) in the Sultanate of Oman reached approximately OMR159,726 by the end of March 2025, marking an 8% increase compared to the same period last year, which recorded OMR147,852. According to preliminary statistical data released by the National Centre for Statistics and Information, Oman's fisheries sector has shown notable growth, with the total quantity of landed fish rising to 238,131 tonnes by the end of March 2025, compared to 223,531 tonnes during the same period in the previous year—a 6.5% increase. This reflects positive development in Oman's fish production. Despite a slight decline, artisanal fishing remains the backbone of the sector, with landings reaching 189,770 tonnes by the end of March 2025—a 1.7% decrease from 193,054 tonnes in March 2024. Al Wusta Governorate recorded the highest artisanal fish landing volume at 78,215 tonnes, followed by South A'Sharqiyah Governorate with 54,348 tonnes and Dhofar Governorate with 24,487 tonnes. North and South Al Batinah Governorates recorded 15,927 tonnes, while Musandam Governorate reached 8,755 tonnes, and Muscat Governorate recorded 8,038 tonnes. Commercial fishing saw a significant surge, with landings rising to 43,677 tonnes by the end of March 2025, compared to 27,240 tonnes during the same period last year—a remarkable 60.3% growth. Coastal fishing also posted strong growth at 44.7%, reaching 4,684 tonnes compared to 3,237 tonnes in March 2024. Small pelagic fish topped the list of the most landed species in artisanal fishing, with 95,275 tonnes, followed by large pelagic fish at 60,465 tonnes and demersal fish at 27,522 tonnes. Shark species accounted for 1,426 tonnes, while crustaceans and mollusks reached around 930 tonnes, and other unclassified fish recorded approximately 4,152 tonnes.
