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.

Most Popular

PetroChina delivers first LNG cargo to Gate under long-term capacity deal

PetroChina International, a unit of state-owned PetroChina, has delivered its first LNG cargo to the Dutch Gate LNG import terminal in Rotterdam, owned by Gasunie and Vopak, under a long-term capacity deal.

LNG Alliance plans new LNG export project in Mexico

LNG Alliance, developer of the Amigo LNG project in Mexico, plans to build a second project in Mexico called Bravo LNG.

Power LNG takes step forward with Pelican Island facility

The Port of Galveston has approved a lease and development agreement with Texas-based Power LNG for the latter's planned small-scale, modular liquefied natural gas (LNG) production, storage, and bunkering facility on Pelican Island.

More News Like This

Inpex exercises right to buy Jera’s Ichthys LNG stake

Japan’s Inpex has exercised its right to pre-empt the sale of Jera’s 0.735 percent participating stake in the Inpex-operated 8.9 mtpa Ichthys LNG project to EIG's MidOcean Energy.

Asyad sells stake in LNG carrier duo

Oman LNG Development Foundation and Mars Development and Investment have each purchased a 10 percent stake in Asyad Shipping's two newbuild liquefied natural gas (LNG) carriers.

Jera moving forward with Hawaii LNG plans

A unit of Japan's power firm and LNG trader, Jera, is moving forward with plans to build a $2 billion LNG-to-power project in Hawaii.

Japan’s Jera forms LNG unit

Japan's power firm and LNG trader Jera has established Jera Global Energy Solutions (Jera GES) to develop and manage its long-term LNG, upstream, lower-carbon fuels, and shipping portfolio.