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Fact file/Oman Sultanate of Oman
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Page 1: Sultanate of Oman - Centre for Pakistan and Gulf Studiescpakgulf.org/documents/Oman.pdf · there are 18 domestic and international oil companies operating in Oman. Petroleum Development

Fact file/Oman

Sultanate of Oman

Page 2: Sultanate of Oman - Centre for Pakistan and Gulf Studiescpakgulf.org/documents/Oman.pdf · there are 18 domestic and international oil companies operating in Oman. Petroleum Development

Fact file/Oman

Introduction

Oman is the oldest independent state in the Gulf founded in 1950.Sultan Qaboos came into

power in 1970’s. The country is blessed with mineral resources like petroleum, copper, marble,

natural gas etc. However the government heavily relies on oil revenues while taking the country

to new heights of economic developments with special attention on industrial, educational and

health sectors. The Sultan has introduced measures to broaden popular participation in

government.

Geography

Oman is situated in the southeastern part of the Arabian Peninsula with the land area of about

309,500 sq km. It is surrounded by the sea on two sides, the sea of Oman to the northeast and the

Indian Ocean to the southeast; it has joint land borders with Saudi Arabia to the west, Yemen to

the south, and the United Arab Emirates to the north.

Government

Oman has a bi cameral system of government. His majesty Sultan Qaboos is the head of the

State. The Basic Statute of the State was promulgated by His Majesty Sultan Qaboos bin Said al

Said in 1996 which provides the legal framework for the development and implementation of all

legislation and government policy. It comprises the Consultative Council whose member are

elected by Omani citizens and the State Council whose members are appointed by the Sultan.

Demography

According to 2010 census the population is 2,773,479 out of which 1,957,336 are Omani citizens

and 816,143 are expatriate residents. The population consists of the Arab, Asians, Africans and

Baluchi. Among Asians are Indian, Pakistani, Bangladesh, Sri Lanka.

71%

29%

0%

Demography

Omani's Expatriates

Page 3: Sultanate of Oman - Centre for Pakistan and Gulf Studiescpakgulf.org/documents/Oman.pdf · there are 18 domestic and international oil companies operating in Oman. Petroleum Development

Fact file/Oman

Total Population: 2,773,479 Male: 1,612,411 Female: 1,61,068

Omani Population: 1,957,336 Male: 990,590 Female: 966,746

Expatriates : 816,143 Male: 621.821 Female: 194,322

51%

49%

0%

Sex Composition of Omani Population

Male Female

76%

24%

0%

Expatriates

Male

Female

Page 4: Sultanate of Oman - Centre for Pakistan and Gulf Studiescpakgulf.org/documents/Oman.pdf · there are 18 domestic and international oil companies operating in Oman. Petroleum Development

Fact file/Oman

Economics

According to Export Intelligence Unit 2011 Oman’s GDP in 2010 was US$ 57.8bn with annual

growth of 4.5%. Oman’s economy is largely based on oil and gas. Production of oil and gas

started in 1967.Today oil and gas accounts for around 85% of the government revenue and

approximately 35% of the GDP. According to Annual Report of Ministry of Oil and Gas 2010

there are 18 domestic and international oil companies operating in Oman.

Petroleum Development Oman (PDO) is the premier hydrocarbon exploration and production

company in the Sultanate of Oman. It accounts for more than 90% of the country's crude-oil

production and nearly all of its natural-gas supply. Oman is undergoing several upstream and

downstream expansion projects in order to capitalize on economic growth and potential demand.

Oman’s Proven reserves of oil (thousand million barrels)

In 2010 and 2011 the oil reserves were 5.5 thousand million barrels.Oman’s oil production has

increased since 2008.

Oil and Gas Projects in Oman

• Duqm Refinery & Petrochemical Complex

• Mabrouk Field Project

• Harweel Cluster Phase - 2

• Saih Rawl Gas Depletion Project

• Oil & Gas Pipeline in Musandum

• Enhanced Oil Recovery at Mukhaizna

• Depletion-Compression Project at Saih Nihayda

• Kauther Gas Compression Project

0

1

2

3

4

5

6

7

1991 2001 2010 2011

Proven Reserves of Oil

Page 5: Sultanate of Oman - Centre for Pakistan and Gulf Studiescpakgulf.org/documents/Oman.pdf · there are 18 domestic and international oil companies operating in Oman. Petroleum Development

Fact file/Oman

Production (thousand barrels daily)

Oman’s economy is largely based on oil and gas. Production of oil and gas started in 1967.Today

oil and gas accounts for around 85% of the government revenue and approximately 35% of the

GDP.

Oman is a member of several economic blocs including the Arab Gulf Co- operation Council

(AGCC), the Greater Arab Free Trade Zone, the Indian Ocean Rim Association for Regional

Cooperation (IORARC) and the World Trade Organisation (WTO).

However Oman is heading towards economic diversification, according to which the main focus

is on natural gas, port developments in Sohor and Salalah and information and technology.

Moreover Oman is investing in tourism industry.

Total Exports US$ 36.12 billion (2010 est)

Export Commodity Petrol, Textile, Metals, Fish

Total Import US$19.3 billion (2010 est)

Import Commodity Machinery, Transport, food manufactured goods

Export Partners China, South Korea, Japan, Thailand

Import Partners UAE, Japan, US

650

700

750

800

850

900

950

2008 2009 2010 2011

Page 6: Sultanate of Oman - Centre for Pakistan and Gulf Studiescpakgulf.org/documents/Oman.pdf · there are 18 domestic and international oil companies operating in Oman. Petroleum Development

Fact file/Oman

Key economic sectors:

Oil and Gas Economic Sector

Mineral Sector

Manufacturing

Agriculture and Fishing

Tourism

Industry: The industrial sector is a cornerstone of the Sultanate’s long-term (1996-2020)

development strategy. Eighth Five-Year Development Plan (2011-2015) creates the conditions

for an attractive investment climate. The government also aims to develop the information

technology (IT) and telecommunications industries.

1%

52%

47%

GDP Composition by Sector

Agriculture

Industry

Services

Page 7: Sultanate of Oman - Centre for Pakistan and Gulf Studiescpakgulf.org/documents/Oman.pdf · there are 18 domestic and international oil companies operating in Oman. Petroleum Development

Fact file/Oman

Defence:

The Sultanate of Oman’s Defence forces were found in 1966.The services branches are

Royal Army of Oman

Royal Air force of Oman

Royal Naval Force of Oman

Royal Oman Police

The commander in chief is Sultan Qaboos Bin Said al said

Military Expenditures (US$ Millions)

2001 2002 2003 2005 2006 2007 2008 2009 2010 2011

2,565 2,545 2,766 3,324 3,550 3,433 4,861 4,141 4,180 4,270

0

1,000

2,000

3,000

4,000

5,000

6,000

2001 2002 2003 2005 2006 2007 2008 2009 2010 2011

Page 8: Sultanate of Oman - Centre for Pakistan and Gulf Studiescpakgulf.org/documents/Oman.pdf · there are 18 domestic and international oil companies operating in Oman. Petroleum Development

Fact file/Oman

Military Expenditures as percentage of GDP

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

11.9 14.5 13.5 11.9 10.2 12.3 8.9 8.1 8.5 7.5 7.3 6.4

Value of Arms Imports (US$ Millions)

1990 1991 1992 1993 1994 1995 1996 1997 1998 1999

12 57 11 140 307 445 376 160 30 30

0

2

4

6

8

10

12

14

16

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Page 9: Sultanate of Oman - Centre for Pakistan and Gulf Studiescpakgulf.org/documents/Oman.pdf · there are 18 domestic and international oil companies operating in Oman. Petroleum Development

Fact file/Oman

Total Active Military Manpower

2000 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

43,500 41,700 41,700 41,700 39,700 39,700 42,600 42,600 42,600 42,600 42,600

MBT’s 117

Wing Combat Aircraft: 54

Army: 25000

0

50

100

150

200

250

300

350

400

450

500

1990 1991 1992 1993 1994 1995 1996 1997 1998 1999

37,000

38,000

39,000

40,000

41,000

42,000

43,000

44,000

2000 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

Page 10: Sultanate of Oman - Centre for Pakistan and Gulf Studiescpakgulf.org/documents/Oman.pdf · there are 18 domestic and international oil companies operating in Oman. Petroleum Development

Fact file/Oman

Airforce: 1500

Navy: 1800

Guard: 6400

Paramilitary: 4000

AIFV/RECCE/LTTNK: 185

APCS: 279

Armoured vehicles: 430

OAFV: 462

Operational multiple rocket launchers: 138

Artillery Weapons: 239

Multiple Rocket Launchers: 6

Armed Attack Helicopters: 15

Jaguar: 14

F-16: 12

Gulf Naval Ships: 87

Warships with anti-ship Missiles: 5

Page 11: Sultanate of Oman - Centre for Pakistan and Gulf Studiescpakgulf.org/documents/Oman.pdf · there are 18 domestic and international oil companies operating in Oman. Petroleum Development

Fact file/Oman

INTERNATIONAL RELATIONS:

Oman is stable economically prosperous and established nation whose foreign relations play

essential part in Middle East and the world. Oman has good relations within the GCC framework

as well as with Iran. Oman has played an active role over the years in promoting co-operation

between the GCC states Yemen and Iran through effective diplomacy.

Oman has navigated its foreign policy focusing the three main issues a) Persian Gulf Security b)

Arab-Israeli conflict c) Global Security Threat

Oman’s foreign policy goals are not just restricted to its region. Oman is the member of Asian

Co-operation Dialogue (ACD) since 2003.It is also a member of Gulf and Europe Forum and

Indian Ocean Rim Association for regional co-operation.

Membership at International Organizations

Oman is the member of international organizations UN,IMF, ILO,OPCW ABEDA

AFE, AMF, GCC, FAO, Group of 77 (G77) ,IBRD, ICAO International Criminal Police

Organization (IDA) (IFC) (IFAD) (IMO) League of Arab States (NAM) and Organisation of

Islamic Cooperation (OIC).

Pak-Oman links

Pakistan and Oman have strong bi-lateral ties as they share traditional commonalities of religion

and values and shared views of mutual significance. The trade between two countries has

increased to up to $400 million while the Pakistani diaspora living in Oman is on rise from

18,000 to 200,000 which is contributing to build Oman's economy and strengthen bilateral ties.

Page 12: Sultanate of Oman - Centre for Pakistan and Gulf Studiescpakgulf.org/documents/Oman.pdf · there are 18 domestic and international oil companies operating in Oman. Petroleum Development

Fact file/Oman

Pakistan’s Exports to Oman (valued US$ millions)

2006 2007 2008 2009 2010 2011 2012 (June-July)

61.87 88.80 267.17 154.69 125.86 183.30 71.36

Commodity Description 2009 2010 2011

Cereals 59.68 100.25 113.51 Organic Chemicals 4.20 2.16 13.47 Mineral fuels, oils 8.53 - 13.40 Machinery, Nuclear reactors 1.29 4.39 10.43 Meat and edible meat offal 7.26 7.66 9.63

Oman’s Export to Pakistan

2006 2007 2008 2009 2010 2011 2012 (June-July)

29.49 94.20 80.78 112.71 116.54 125.86 91.93

0

50

100

150

200

250

300

2006 2007 2008 2009 2010 2011

Page 13: Sultanate of Oman - Centre for Pakistan and Gulf Studiescpakgulf.org/documents/Oman.pdf · there are 18 domestic and international oil companies operating in Oman. Petroleum Development

Fact file/Oman

Oman’s Export to Pakistan

Commodity Description 2009 2010 2011

Mineral fuels, oils 152.96 67.43 141.89 Plastics and articles 25.27 25.10 39.84 Organic Chemicals 1.67 12.84 16.03 Fertilizers 51.99 11.85 14.97 Iron and Steel 11.48 11.15 13.97

Joint venture between Oman-Pakistan

Pak-Oman Investment Company Limited

In July 2001 the Governments of Pakistan and Sultanate of Oman have established Pak Oman

Investment Company Limited a specialized Financial Institution formed as a joint venture. Pak

Oman facilitates investments to promote various sectors and acts as a financial link between the

Sultanate of Oman and Pakistan. The company has successfully diversified its areas of growth by

the launch of Pak Oman Asset Management Company and Pak Oman Microfinance Company.

World Call Telecom Limited

World Call Telecom Limited (WTL), an Oman Telecommunications Company (Omantel), is the

most reliable and unique telecom and multimedia service provider in Pakistan. World call

0

20

40

60

80

100

120

140

2006 2007 2008 2009 2010 2011

Page 14: Sultanate of Oman - Centre for Pakistan and Gulf Studiescpakgulf.org/documents/Oman.pdf · there are 18 domestic and international oil companies operating in Oman. Petroleum Development

Fact file/Oman

launched its business in 1996 and offers an array of services under three major categories data,

Entertainment, Voice.

World Call Telecom Limited became an associate company of Omantel after acquisition of

major share holding by Omantel in 2008. Today, World Call Telecom has become synonymous

with innovation, dedication, and reliability in Pakistan.

MOU between Pakistan-Oman

Agreement on Promotion & Protection of Investment

Avoidance of Double Taxation Agreement

MOU regulating the Air Services between Sultanate of Oman and Pakistan


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