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Oman LNG announced the supply deal via social media on Tuesday, but it did not provide further details.
Mercuria said in a separate statement later on Tuesday that the 10-year FOB deal is for 800,000 metric tonnes per year of LNG.
The supplies are set to start in April 2026.
Mercuria said this deal further strengthens its position in the LNG trading landscape. Last year, the trader hired Shell’s Steve Hill to boost its LNG trading business.
On the other hand, Oman LNG has been very active in the last two years, signing deals and also announcing plans to expand the facility with a new train.
The new train will have a capacity of 3.8 mtpa, boosting Oman’s LNG production to 15.2 mtpa.
Oman LNG currently operates three liquefaction trains at its site in Qalhat near Sur.
In 2023 Oman LNG signed shareholding deals with international companies, including Shell and TotalEnergies.
Besides Oman LNG and Qalhat LNG shareholding agreements, Oman LNG, in which the government of Oman holds 51 percent, also signed a gas supply agreement with state-owned Integrated Gas Company (IGC) to extend the gas supplies beyond 2024.
Oman LNG in collaboration with its shareholders, approved the extension of the company’s operations beyond 2024 that linked these key agreements for a period of 10 years from 2025 to 2034 for Oman LNG and 2026 to 2029 for Qalhat LNG.
As a result of these deals, Oman LNG secured sales term commitments up to 10.4 mtpa through the execution of term sheet agreements with several buyers and shareholders, expanding the company’s footprint into new regions across Asian and European markets.
(Updated with a Mercuria statement.)