Oman LNG Company has reached a deal with the Japanese firm JERA for the sale and purchase of liquefied natural gas (LNG).
The agreement stipulates that Oman LNG will supply up to 0.8 million metric tons of LNG annually to JERA over a 10-year period starting in 2025.
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استكمالا لسعينا الحثيث لنكون الأفضل في كل ما نقوم به ، وقعنا اتفاقية بيع وشراء مع شركة جيرا اليابانية لتصدير ما يصل الى إجمالي 0.8 مليون طن متري سنوياً من الغاز الطبيعي المسال ، تأتي هذه الخطوة لتعزز من مكانة الشركة كمورد معتمد للطاقة عالمياً ولدعم الناتج المحلي
Oman LNG has… pic.twitter.com/Ro51CJZqaT
— Oman LNG (@OmanLNG) April 16, 2024
Additionally, this deal is expected to bolster the existing collaboration between the two parties, as JERA is the largest importer of LNG from the Sultanate of Oman in the Japanese market. Also, Oman LNG is optimistic that this partnership will help consolidate its position in the Japanese LNG market.
Hamad bin Mohammed Al Nuamani, CEO of Oman LNG Company, emphasized the significance of this agreement in strengthening the growing partnership with JERA, a major player in Japan’s energy industry.
Furthermore, Oman LNG and SEFE Secure Energy for Europe (SEFE) officially signed in March a Sales and Purchase Agreement (SPA). The signing ceremony was attended by Eng. Salim Nasser Al Aufi, the Minister of Energy and Minerals, underscoring the importance of the agreement. Moreover, this SPA builds upon a previous commitment where Oman LNG and SEFE had signed a binding term sheet agreement. Under the terms of the new SPA, Oman LNG will supply SEFE with 0.4 million metric tons per annum (mtpa) of LNG starting in 2026. This partnership further represents a significant milestone in strengthening the LNG supply chain and demonstrates Oman LNG’s dedication to meeting SEFE’s energy requirements.
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