State-owned producer Oman LNG has signed a long-term liquefied natural gas supply deal with Turkey’s state-owned natural gas and LNG firm, Botas.
Under the binding term sheet, Oman LNG said it would supply about 1 million metric tonnes per year for a period of 10 years to Botas.
The supplies would start in 2025.
“Such step comes to promote Oman’s reputation as a reliable supplier of energy worldwide and contributes to the company’s efforts to reach new energy markets around the globe,” Oman LNG said.
Botas is nearing the launch of it FSRU-based Saros LNG import terminal in Turkey.
This is Turkey’s third FSRU-based LNG terminal and the second for Botas that already operates the Dortyol facility, served by the 170,000-cbm Ertugrul Gazi, in the southern province of Hatay.
In addition, Botas also operates the Marmara Ereglisi onshore LNG import terminal.
Turkey is increasing its LNG import capacity to boost its energy security and to become an international gas hub.
Seventh supply deal for Oman LNG
This deal with Botas is the seventh term sheet Oman LNG signed in the last two months.
Oman LNG, in which the government of Oman holds 51 percent, recently signed deals with its shareholders TotalEnergies, PTT, and Shell.
Also, Oman LNG signed key term sheets last month to supply LNG to Japan’s Jera, Mitsui, and Itochu.
The firm 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.