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Paper Details

Build resources against future uncertainty - A review on alternative resources in Oman

Feroz Shaik1 and L Nageswara Rao2

Journal Title:Journal of Chemical, Biological and physical sciences

Energy demand is expected to grow in the twenty?first century as more countries seek a better quality of life for their citizens. The energy demand will be met by a global energy mix that is undergoing a transition from an energy portfolio dominated by fossil fuels to an energy portfolio that includes a range of fuel types. Fossil fuels such as coal, oil, and gas were the fuel of choice during the last half of the twentieth century. Forecasts of the twenty?first century energy mix show a gradual transition from the current dominance of fossil fuels to a more balanced distribution of energy sources. Omans major source of revenue i.e. oil reserves are declining as years gone by and efforts are being implemented to diversify the Omans economy away from the oil sector. Technical advancement will play a major role to the mobilization of new reserves and the increase in the life time of present reserves. This paper presents a review of Omans fossil fuel reserves and the scope of alternative resources for Omans sustainable development of energy.