Oman Lifts Q2 Revenue 13% to OMR6.602 Billion as Oil and Gas Income Climbs
Updated
Updated · ZAWYA · Aug 24
Oman Lifts Q2 Revenue 13% to OMR6.602 Billion as Oil and Gas Income Climbs
3 articles · Updated · ZAWYA · Aug 24
Summary
OMR6.602 billion in public revenue left Oman near balance in Q2 2026, with expenditure at OMR6.619 billion and the gap about OMR17 million.
Oil revenue drove the rise, increasing 10% to OMR3.332 billion, while net gas revenue jumped 32% to OMR1.164 billion, according to the Finance Ministry's fiscal bulletin.
Spending also accelerated, up OMR521 million or 9% from a year earlier to OMR6.619 billion, reflecting higher development and current expenditure.
Public debt was broadly steady at OMR14.16 billion by end-Q2, up just 0.3% from OMR14.12 billion a year earlier.