Oman lost $200 million last week because Cyclone Gonu halted its oil exports, the Kuwaiti state news agency Kuna cited an Omani government official as saying on Monday.The official, who asked not to be named, said Mina al Fahal, Oman's only oil terminal for its 650,000 barrels per day output, and the country's liquefied natural gas (LNG) terminal of Sur, have been operating normally since Saturday."All oil exports have resumed on Saturday," Kuna said quoting the official.

GONU IN OMAN

A powerful cyclone began buffeting Oman on Tuesday, forcing the evacuation of thousands of people from Masirah Island in the Arabian Sea and closing the country's main gas export terminal.The Arabian Sea's most powerful storm in modern times has the potential to cause the complete destruction of mobile homes, major damage to lower floors of structures near the shore, and prompt a massive evacuation of residential areas as far inland as 10km, according to experts. A weather service official told Oman state television Tropical Cyclone Gonu, which earlier reached the equivalent of a maximum-force Category Five hurricane, was expected to be worse than one that hit Masirah Island in 1977.