Reuters: Oman Reschedules Some Gas Exports as Industry Struggles

Oman is rescheduling some of its liquefied natural gas (LNG)exports as rising domestic demand for power generation causes gas shortages that are hurting its industry, company officials said.

Nearly all of Oman's gas exports go to Japan and South Korea. Some gas originally due to be delivered this year would be supplied in coming years, a senior official at Oman LNG said.

"Five to 10 percent of planned exports were rescheduled this year because of the gas shortage," the official told Reuters. He declined to be named and did not give details.

Oil and Gas Minister Mohammad bin Hamad al-Rumhy, also chairman of Oman LNG, declined to comment. The company, 51 percent owned by the Omani government, also has shareholders including Shell and Total.

In 2013, Oman exported as LNG about 410 billion cubic feet or roughly 37 percent of its total gas production, according to the U.S. Energy Information Administration. MORE