Title: Oman: Mining, Minerals and Fuel Resources
Headings: Oman: Mining, Minerals and Fuel Resources
Oman: Mining, Minerals and Fuel Resources
Topics Covered
Welcome to Oman
Overview of Resources
Metals
Industrial Minerals
Fossil Fuels
Investment
Sources
G.P. Thomas

Content: In 2010, Al Madinah Cement Co. L.L.C., a member of Al Buraimi Group, constructed a greenfield cement plant in Buraimi Governorate. The plant is designed with a production capacity of 750,000 t/yr. Recent reports reveal that Oman has about 950 million t of gypsum reserves and more than 500 million t of dolomite deposits. Fossil Fuels
Oman’s coal deposits do not meet the grade and specifications required for use in thermal power plants. The country thereby depends on imports. Oman’s crude oil production is only seventh in comparison with other Middle East countries and accounted for about 1% of total world crude oil production in 2010. Investment
Experts state that Oman’s mineral sector will continue to grow significantly in the next five years as the country has assured global investment from Canada, India, and other Gulf countries. Another reason is that the royalty charged by the government is quite favorable. To further attract foreign and private investors, the Oman Chamber of Commerce and Industry (OCCI) is getting ready to organize the country’s first mines and mineral exhibition and conference this year to showcase its unexploited mineral and metal wealth. About seven or eight large non-metallic mineral reserves have been located recently, which are essential in almost every industry.