Editing Oman (section)

=== Oil and gas ===
[[File:Sohar flickr01.jpg|thumb|right|Petrochemical tanks in [[Sohar]]]]
Oman's proved reserves of petroleum total about 5.5&nbsp;billion barrels, 25th largest in the world.<ref name="pop"/> Oil is extracted and processed by [[Petroleum Development Oman]] (PDO), with proven oil reserves holding approximately steady, although oil production has been declining.<ref>{{cite web |url=http://www.indexmundi.com/oman/oil_proved_reserves.html |title=Oman: proven oil reserves |publisher=Indexmundi.com |access-date=17 April 2010 |archive-date=25 April 2022 |archive-url=https://web.archive.org/web/20220425044528/https://www.indexmundi.com/oman/oil_proved_reserves.html |url-status=live }}</ref><ref>{{cite web |title=Oman: Energy data |publisher=[[Energy Information Administration|EIA]] |url=http://www.eia.doe.gov/cabs/Oman/Oil.html |archive-url=https://web.archive.org/web/20110302093656/http://www.eia.doe.gov/cabs/Oman/Oil.html |archive-date=2 March 2011 |access-date=16 February 2009}}</ref> The [[Ministry of Energy and Minerals (Oman)|Ministry of Energy and Minerals]] is responsible for all oil and gas infrastructure and projects in Oman.<ref>{{cite web|title=Home|url=http://www.mog.gov.om/english/tabid/54/Default.aspx|publisher=Ministry of Energy and Minerals|url-status=dead|archive-url=https://web.archive.org/web/20130811004242/http://mog.gov.om/english/tabid/54/Default.aspx|archive-date=11 August 2013|access-date=19 January 2013}}</ref> Following the [[1970s energy crisis]], Oman doubled their oil output between 1979 and 1985.<ref>{{cite journal |title=Lessons from the 1986 Oil Price Collapse |first=Dermot |last=Gately |journal=Brookings Papers on Economic Activity |issue=2 |year=1986 |page=239 |url=http://www.brookings.edu/~/media/Projects/BPEA/1986-2/1986b_bpea_gately_adelman_griffin.PDF |url-status=dead |archive-url=https://web.archive.org/web/20160509062905/http://www.brookings.edu/~/media/Projects/BPEA/1986-2/1986b_bpea_gately_adelman_griffin.PDF |archive-date=9 May 2016 }}</ref>

In 2018, oil and gas represented 71 percent of the government's revenues.<ref name=KPMG>Oman budget 2019 KPMG Insights. [https://home.kpmg/om/en/home/insights/2019/01/2019omanbudget.html KPMG: Oman budget 2019 KPMG Insights] {{Webarchive|url=https://web.archive.org/web/20220823233443/https://home.kpmg/om/en/home/insights/2019/01/2019omanbudget.html |date=23 August 2022 }} KPMG. 2019.</ref> In 2016, oil and gas share of the government's revenue represented 72 percent.<ref name=KPMG1>Oman's 2017 budget: An analysis. [https://home.kpmg/content/dam/kpmg/xx/pdf/2017/01/tnf-oman-jan18-2017.pdf KPMG: Oman's 2017 budget: An analysis] {{Webarchive|url=https://web.archive.org/web/20190904232437/https://home.kpmg/content/dam/kpmg/xx/pdf/2017/01/tnf-oman-jan18-2017.pdf |date=4 September 2019 }} KPMG. 2017.</ref> The government's reliance on oil and gas as a source of income dropped by 1 percent from 2016 to 2018. Oil and gas sector represented 30.1 percent of the nominal GDP in 2017.<ref name=ooag>{{cite web| url = https://cbo.gov.om/sites/assets/Documents/English/Publications/AnnualReports/AnnualReport2017eng.pdf| title = Central Bank of Oman Annual Report 2017}}</ref>

Between 2000 and 2007, production fell by more than 26%, from 972,000 to 714,800 [[barrels per day]].<ref name=tnock>{{cite web|title=Oman the comeback kid of oil|url=http://www.thenational.ae/thenationalconversation/industry-insights/energy/oman-the-comeback-kid-of-oil|work=The National|date=9 September 2012|url-status=dead|archive-url=https://web.archive.org/web/20121231031303/http://www.thenational.ae/thenationalconversation/industry-insights/energy/oman-the-comeback-kid-of-oil|archive-date=31 December 2012}}</ref> Production has recovered to 816,000 barrels in 2009, and 930,000 barrels per day in 2012.<ref name=tnock/> Oman's natural gas reserves are estimated at 849.5&nbsp;billion cubic metres, ranking 28th in the world, and production in 2008 was about 24&nbsp;billion cubic metres per year.<ref name="pop"/>

In September 2019, Oman was confirmed to become the first Middle Eastern country to host the [[International Gas Union]] Research Conference (IGRC 2020). This 16th iteration of the event will be held between 24 and 26 February 2020, in collaboration with [[Oman LNG]], under the auspices of the [[Ministry of Energy and Minerals (Oman)|Ministry of Energy and Minerals]].<ref>{{cite web|url=https://www.businessliveme.com/economy/energy-news/oilgas/oman-to-host-international-gas-union-research-conference-in-2020/|title=Oman to host International Gas Union Research Conference in 2020|access-date=5 September 2019|website=Business Live Middle East|date=5 September 2019|archive-date=5 August 2020|archive-url=https://web.archive.org/web/20200805194828/https://www.businessliveme.com/economy/energy-news/oilgas/oman-to-host-international-gas-union-research-conference-in-2020/|url-status=dead}}</ref>