Oman Power Report - Business Monitor International - Industry Reports

Oman Power Report

Oman Power Report - Business Monitor International - Industry Reports
Oman Power Report
Published Sep 10, 2016
56 pages — Published Sep 10, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

Our forecasts have undergone a modest revision this quarter. We now expect generation to rise -.- in ----, to --.--TWh, a slight downward revision from the -.- growth earlier forecast. ...For now, we forecast growth in thermal generation ranging between -.- per annum and -.- per annum over the period ---- to ----, based on confirmed projects coming to fruition and full capacity. Oman Power and Water Procurement Company stated that in August ----: Prospective sites and infrastructure requirements are being evaluated in collaboration with stakeholders, such as Oman Gas Company. A request for proposal for the ---MW plant was expected to be put out in H---, but this remained subject to regulatory approval. We will await more concrete information on these two proposed projects before factoring them into our forecast scenario. ...Oman Power and Water Procurement Company stated that in August ----: Prospective sites and infrastructure requirements are being evaluated in collaboration with stakeholders, such as Oman Gas Company. A request for proposal for the ---MW plant was expected to be put out in H---, but this remained subject to regulatory approval. We will await more concrete information on these two proposed projects before factoring them into our forecast scenario.

...Population growth and a positive long-term economic outlook will contribute to a rise in power consumption in Oman over the forecast period, even if ---- and ---- have been clouded by the negative impact of the oil and gas bear market on the energy dependent state s revenues and consumer demand. The government is investing heavily in utilities infrastructure to ensure it can keep up with electricity demand. ...Thermal power is well established in Oman, accounting for --- of the country s total electricity generation in ----. . Oman makes no use of coal fired power; instead it relies almost entirely on natural gas fired power plants with limited additional provision for use of oil fired power - primarily in more remote areas where accessibility is compromised. The majority of the current investment programme in Oman is concentrated on natural gas generation. ...Oman makes no use of coal fired power; instead it relies almost entirely on natural gas fired power plants with limited additional provision for use of oil fired power - primarily in more remote areas where accessibility is compromised. The majority of the current investment programme in Oman is concentrated on natural gas generation.

...BMI View: Oman s power sector is expected to undergo a big jump in output in ----, as several major projects come to full fruition in the gas fired thermal power segment, which will remain dominant over our forecast period. Generation growth should be in the mid single digits over the period ---- to ---- and then the low single digits between ---- to ----, according to our core scenario, although that latter five year period is prone to upside risks, in view of nascent fresh plans emerging in the last quarter. ...

  
Source:
Document ID
2058-086X
Country
Industry
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Oman Power Report" Sep 10, 2016. Alacra Store. Dec 02, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Oman-Power-Report-2026-1820>
  
APA:
Business Monitor International - Industry Reports. (2016). Oman Power Report Sep 10, 2016. New York, NY: Alacra Store. Retrieved Dec 02, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Oman-Power-Report-2026-1820>
  
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