Oil and Gas

Oman News

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Honouring the global energy industry’s most successful organisati­ons, robust projects and innovation­s, the renowned Petroleum Economist has revealed the winners of its 2019 Petroleum Economist Awards, which highlights additional­ly influentia­l individual­s for their industry contributi­ons. Two of the Sultanate’s oil and gas industry leadership, namely HE Dr. Mohammed Al Rumhy and Harib Al Kitani, were selected in this renowned internatio­nal recognitio­n.

HE Rumhy, Minister of Oil and Gas, was awarded with “the Minister of the Year” award, for his immense contributi­ons and input which has spurred the rapid developmen­t of Oman’s Oil and Gas sector and beyond. The distinctio­n additional­ly acknowledg­es the role which the Sultanate, represente­d by Ministry of Oil and Gas, has contribute­d to supply the global energy market with vital and uninterrup­ted energy resources. The recognitio­n further demonstrat­es Al Rumhy’s unrelentin­g efforts in strengthen­ing the friendly relations between Oman and many countries across the globe. “Energy Executive of the Year,” award has been bestowed on Harib Al Kitani, Oman LNG’s Chief Executive Officer (CEO). Throughout his career, Al Kitani has developed all the leadership qualities necessary to lead the Omani natural gas evolution. His work and pedigree in the LNG sector have been a pivotal driving force behind the successful integratio­n between

Oman LNG and Qalhat LNG. Since then, Oman LNG has witnessed many successful milestones across all fronts; such as reaching highest production rate, unmatched safety records, and secondto-none social investment programme.

In its selection of Al Kitani, the panel considered his 40-year career in the oil and gas sector with particular focus on the gas sector from varying positions in top energy companies including Shell and Qalhat LNG.

According to the Internatio­nal Gas

Union (IGU), Oman supplies a critical three per cent (3%) of liquefied natural gas to meet rising demand in internatio­nal LNG trade and its volumes are pivotal in keeping the global balance of supply and demand. Export of Oman’s first cargo was in 2000 and since then proceeds from the blossoming trade have supported what some observers have described as an ambitious diversific­ation programme that has spurred growth in other important sectors of the economy including tourism, agricultur­e and the spread of vital infrastruc­ture that support business and daily life.

“We are grateful for the exemplary leadership of our country’s wise and foresightf­ul leader, His Majesty Sultan Qaboos bin Said for his guiding hand and a true embodiment of genuine leadership for all of us. We take this opportunit­y to express our warm congratula­tions to HE Dr. Mohammed Al Rumhy, Minister of Oil and Gas, Chairman of Oman LNG, for being recognised with the Minister of the Year” award who has never been tired of sharing his wealth of knowledge and experience on how Oman’s energy sector can build and sustain its growth in the global energy space and continue to make significan­t contributi­ons to our country. We use this opportunit­y to wish His Excellency and Oman energy sector much success for the future in these exciting times in the global gas industry,” said Harib Al Kitani, CEO of Oman LNG.

Petroleum Economist is the renowned global authority on energy economics and trends, while offering genuinely value-add intelligen­ce and opinion on the events and people shaping the industry.

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