From Yahoo Finance: 2025-05-12 05:10:00

Oman is considering selling a stake in its natural gas assets, valued at around $8bn, to strengthen its financial position and fund future investments. Energy Development Oman seeks partners for a minority stake in Block 6, holding 10.7tcf of gas reserves. The potential sale aims to distribute costs and bolster public finances.

Government refutes reports of gas asset divestment, focusing on enhancing operational efficiency and attracting global expertise without compromising ownership. Despite oil’s revenue dominance, investments shift to gas projects due to global demand. TotalEnergies and Oman’s OQ SAOC are building an LNG facility, with plans to boost export capacity by 25%.

Oman seeks to attract investment from international energy giants like bp and Shell for a new LNG train at Qalhat. This move aligns with the country’s strategy to increase gas export capacity and meet rising global demand. The potential sale of gas assets is part of Oman’s efforts to strengthen its financial position and fund future investments.



Read more at Yahoo Finance: Oman planning $8bn natural gas assets sale