Muscat: Technical challenges facing the oil and gas sectors inOman were discussed at the Majlis Al Shura on Monday.
The Majlis Al Shura held its meeting, headed by Khalid bin Hilal Al Maawali, Chairman of Majlis Al Shura. The Majlis hosted Dr Mohammed bin Hamad Al Rumhy, Minister of Oil and Gas.
The meeting started with a speech by the Chairman of Majlis Al Shura in which he said the Majlis Al Shura hoped, through this meeting, to be briefed on the results of new oil discoveries, the added value of petroleum refineries, the sector's contribution to the state's revenue and its reflection on the GDP.
Salim bin Nasser Al Aufi, undersecretary at the Ministry of Oil and Gas, gave a presentation about the oil and gas sectors in the Sultanate. He highlighted the new oil discoveries, areas of investment, and the volume of the daily production of oil, gas and petroleum refineries.
He also focused on investment support and the challenges facing oil and gas exploration and extraction, the techniques used to promote efforts to increase daily production rates of oil and gas, and raise the reserve rates to ensure the sustainability of the growth of the national economy and diversity of resources.