Eric Watkins
Senior Correspondent
LOS ANGELES, June 11 -- Oman lost more than $200 million in the first 3 days of its oil exports' suspension due to Tropical Cyclone Gonu, an Omani official said on June 11.
The Mina Al-Fahl oil terminal, through which Oman exports 650,000 b/d of crude, resumed oil exports on June 9. Now all of the country's oil ports, including Sultan Qaboos and Sur terminals, are functioning normally.
The unnamed Omani official told the Kuwait News Agency that Omani oil pipelines were not affected by the storm but that it caused extensive damage to the country's infrastructure, including the sectors of electricity, communication, and transportation.
Meanwhile, shipments of LNG from the Oman LNG terminal at Sur resumed on June 10 after exports were halted earlier in the week as a precautionary measure. Oman LNG exports most of its LNG to Japan, South Korea, and India.
The Sur facility was operating at full capacity on June 10 with the first ship under way since the beginning of the storm, according to an official of Oman LNG.
The resumption of activity at Oman's oil and gas export facilities followed the general reopening of the country's main port of Sohar on June 7, after being closed on June 6 as the cyclone approached.
The port reopened the morning of June 7 after sustaining no major damage, according to Jan Meijer, chief executive of Sohar Industrial Port Co., which operates the facility.
Contact Eric Watkins at [email protected].
