Oman To Dou­ble Gas Prices In 2015

Gulf Business - - GCC TODAY -

Oman’s Min­istry of Oil and Gas will dou­ble the nat­u­ral gas prices charged to ce­ment com­pa­nies in the Sul­tanate, start­ing from Jan­uary 2015. The price in­crease comes as the Gulf coun­try looks to off­set the fall in oil prices through in­di­rect tax­ing mea­sures. How­ever, ce­ment firms have said that their pro­duc­tion costs are set to in­crease as a re­sult of the gas price rise.

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