Oman LNG seals supply deal with Jera

State-owned producer Oman LNG said it had signed a deal to supply liquefied natural gas to Japan’s Jera.

Under the sales and purchase agreement, Oman LNG will supply Jera with 0.8 million metric tonnes per annum of LNG, according to Oman LNG.

Oman LNG said the 10-year deal will start in 2025.

The LNG producer did not mention the key term sheet the two firms signed back in December 2022 but this SPA is probably related to that deal.

This term sheet also included the supply of up to 12 cargoes, or about 0.8 mtpa, for a period of 10 year from Oman LNG’s complex in Qalhat, Sur.

Oman LNG and German gas importer Securing Energy for Europe (SEFE) recently also finalized their previously announced LNG deal for 0.4 million tonnes per annum of LNG between 2026 and 2029.

Oman LNG operates three LNG trains in Qalhat with a nameplate capacity of 10.4 mtpa sourcing gas from the central Oman gas field complex.

Due to debottlenecking, the company’s complex now has a production capacity of around 11.4 mtpa.

Oman LNG, in which the government of Oman holds 51 percent, was quite busy last year and it signed shareholding deals with international companies, including Shell and TotalEnergies.

These agreements followed the completion of Oman LNG’s large marketing campaign aimed at renewing all of its contracts post 2024.

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