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Oman to start gas production from new field; will have implications for LNG market
Aug 29:
The first phase of gas production from Oman's giant Khazzan-Makarem field will tap reserves of 10.5 TCF and will go on stream from end 2017.
8Combined plateau production from Phases 1 and 2 is expected to total approximately 1.5 billion cubic feet per day (Bcf/d), equivalent to about 40% of Oman’s current total domestic gas production.
8This project will involve the construction of a three-train central processing facility with associated gathering and export systems and drilling about 325 wells over a 15-year period.
8The start-up of the Khazzan tight gas field will significantly ease the pressure on Oman’s natural gas supplies and will have an impact on the global gas demand-supply paradigm.
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8Combined plateau production from Phases 1 and 2 is expected to total approximately 1.5 billion cubic feet per day (Bcf/d), equivalent to about 40% of Oman’s current total domestic gas production.
8This project will involve the construction of a three-train central processing facility with associated gathering and export systems and drilling about 325 wells over a 15-year period.
8The start-up of the Khazzan tight gas field will significantly ease the pressure on Oman’s natural gas supplies and will have an impact on the global gas demand-supply paradigm.
Click on Reports for more
