Oman LNG signs supply deal with TotalEnergies

Oman LNG

Oman LNG and TotalEnergies have inked a significant sale and purchase agreement, marking a pivotal moment in their collaboration. Under this deal, Oman LNG will supply 800,000 metric tonnes per year of liquefied natural gas to TotalEnergies for a duration of 10 years starting from 2025. This agreement solidifies a partnership that was initially announced in October, demonstrating a commitment to long-term cooperation and mutual benefit. Additionally, TotalEnergies has made a final investment decision (FID) for the Marsa LNG project in Oman. This ambitious venture, operated by a joint venture between TotalEnergies and Oman state oil company OQ, aims to enhance LNG production capacity and strengthen Oman's position in the global energy market. The Marsa LNG project encompasses the development of a liquefaction plant at Sohar port, with plans to commence production by the first quarter of 2028. Furthermore, the project includes the establishment of a solar plant to fully cover the plant's power consumption, emphasizing sustainability and environmental responsibility. TotalEnergies and OQ are also exploring opportunities for joint development in the renewable energy sector, with discussions underway for a portfolio of up to 800 MW, including a 300 MW solar project to support the Marsa LNG operations. This strategic collaboration between Oman LNG and TotalEnergies underscores their shared vision for sustainable energy production and economic growth in the region. As they embark on these ambitious projects, they are poised to make significant contributions to Oman's energy sector while fostering innovation and environmental stewardship.