According to Arabs quoted informed sources, the Omani government spoke with potential consultants to study alternatives to Oman Oil Company, which could also include selling a stake in the company or a subsidiary.
The sources said: OQ can be evaluated billions of dollars if you decide to follow the insertion, according to Bloomberg, and Arabic.
Oman Oil Company is an integrated energy company with oil and gas exploration, disposal, refineries, retail and large petrochemical work. It was formed through the integration of Oman Oil Company with many companies, including the Omani gas company owned by the state and the Orgate refining group and OXEA chemical product.
This comes, while the government is looking for ways to tame its budget deficit and the stability of the economy suffering from declining oil prices last year and the Corona virus. Featured reforms, including cutting spending and reducing government jobs and introducing income tax plans.
Amman is the largest source of trough in the Middle East outside OPEC, where it pumps about 700 thousand barrels per day.
Oman also seeks to raise funds from another State controlled by the state. Plumberg News reported that Amman had issued bonds by about $ 3 billion this year through Energy Development Company in Amman.
