Gas Consumption is Forecasted to Jump 36.6% in Oman

Source: www.gulfoilandgas.com 4/2/2012, Location: Middle East

Gas consumption by the countryís expanding network of electricity generation and water desalination plants is forecasted to jump a hefty 36.6 per cent over the next seven years, according to the Oman Power and Water Procurement Company (OPWP).

Announcing the projections in its latest 7-year outlook for the power and water sector, the state-owned offtaker said total gas consumption by the nationís critical energy sector is poised to jump from 6.0 billion standard cubic metres (Sm3) in 2011 to 8.2 billion Sm3 in 2018.

Omanís electricity output is almost entirely based on the use of natural gas as a fuel. Gas consumption within the Main Interconnected System (MIS) covering north Oman is projected to grow at an average rate of 5 per cent per year, which is lower than the expected growth in electricity demand of about 8 per cent per year.

OPWP has attributed the lower growth rate in gas consumption to the utilization of fuel-efficient gas turbine technology, which is a feature of a string of new plants under development at Sur, Barka (Phase 3) and Sohar (Phase 2).

In line with a longstanding policy that accords priority supply to the electricity sector, the Ministry of Oil and Gas has pledged allocations of the required volumes of natural gas for the power and associated water sector over the medium term. These volumes, says OPWP, would be sufficient to cover the projected requirements through 2018 under the low-case scenario, which envisions an average growth rate in peak energy demand of 8 per cent in 2018.


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