Oman's revenues rose to $10.8 billion last year from a projected 7.5 billion on the back of high oil prices despite a drop in production, a senior official said.

But Oman, a non-Opec producer, is accelerating a campaign to diversify its economy and reduce dependence on its fluctuating oil income, National Economy Minister Ahmad bin Abdel Nabi Mekki said.
'The government's priority is diversification of the domestic economy and creation of new job opportunities for citizens,' he said.
'We are committed to speed up economic diversification to boost foreign and local investment,' the minister added.
Oman currently produces about 767,000 barrels per day, a drop from past levels, reports said.
According to previously published figures, daily average production in 2003 was 819,500 barrels, down 8.7 per cent from 898,000 the year before, sources said.
However, the rise in oil prices not only filled the gap but brought about a windfall of profits last year, reports said.
Oman crude realised an average price of $34.42 per barrel last year against the projected price of $21, the sources added.
The economy grew by 12.5 per cent as the government's public finance account showed a surplus of $1.2 billion in 2004.
Mekki said the government was also committed to liberalisation and deregulation, and state-controlled concerns are increasingly being privatised.