Power & Renewables

Middle East & Africa December 2018

Regional analysis & forecasts
Middle East & Africa

Oman is taking concrete steps to develop its first utility-scale solar photovoltaic project, having tendered the 500 MW Ibri 2 solar PV plant to private investors. Despite the push for fuel diversification, gas is expected to retain its dominant role in Oman’s power mix. The country’s indigenous gas supplies are anticipated to grow in coming years following the startup of the giant Khazzan tight gas field and a number of recent exploration successes.

Oman’s power consumption is forecast to continue to grow but the replacement of...