Oman’s Diversified Oil Strategy in 2023, Condensates Surge Amid Production Cuts
In 2023, Oman’s oil strategy showcased resilience amid production cuts, with a daily average output of 1.048 million barrels. The Sultanate strategically leveraged condensate production, reaching a record 85.47 million barrels, offsetting the impact of reduced crude production under OPEC+ agreements.
