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English news

01-Mar-2017

Oman’s oil exports to China fall 30% in January

Crude exports to China dropped to 17.1mn barrels in January 2017 against 24.42mn barres in the same month of the previous year, according to statistics released by the Ministry of Oil and Gas, January exports to China fell by 27 per cent from December when Oman’s exports to China stood at 23.46mn barrels. However, crude export to South Korea surged by 788 per cent to 4.44mn barrels in January this year from just 500,500 barrels in January last year. The sultanate’s oil production declined 4.1% to 29.93mn barrels in January 2017 from 31.2mn barres in January last year. 

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