Oman expects to resume crude exports Sunday

Reuters
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MUSCAT: Non-OPEC producer Oman was expects to resume crude exports from the Mina Fahal terminal on Sunday, an Oman oil official said.
Oman halted exports on Friday after Cyclone Phet hit the coast of the Gulf Arab state.

"Operation has resumed and we expect ships to dock at Mina Fahal anytime," Suleiman Al-Mandhari, head of external relations at Petroleum Development Oman (PDO), told Reuters.

Oman exports around 730,000 barrels per day (bpd) of crude and condensate from the port.

Phet, despite weakening to a Category 1 storm, pummeled Oman’s coastline on Friday bringing fierce, heavy rains with wind speeds peaking at 138 kph (86 mph).

Oman exports most of its crude production to Asia. PDO is an affiliate of Royal Dutch Shell Oman’s LNG.

Gas production operations at Oman LNG were restarted on Saturday after being halted on Friday as a precautionary measure.

 

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