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    Oman LNG pens supply deals with PTT, TotalEnergies

Summary

It will supply a combined 1.6mn metric tons/year of LNG to the two companies.

by: Shardul Sharma

Posted in:

Complimentary, Natural Gas & LNG News, Middle East, Liquefied Natural Gas (LNG), Security of Supply, Corporate, Import/Export, News By Country, France, Oman, Thailand

Oman LNG pens supply deals with PTT, TotalEnergies

Oman LNG has signed agreements to supply a combined 1.6mn metric tons/year of LNG to Thai PTT and France’s TotalEnergies, the state-owned company said on January 18 on Twitter.

Under these agreements, the company will supply PTT with about 0.8mn mt/year of LNG for nine years starting from 2026. It will supply the same quantity to TotalEnergies for a period of 10 years starting from 2025.

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Oman LNG has signed multiple supply agreements in the past few weeks. Earlier this month it signed an agreement with Shell. Last month it signed deals with three Japanese companies: Itochu Corporation, Jera and Mitsui & Co.

Oman LNG is 51% owned by the government of Oman, 30% by Shell, 5.4% by Total, 5% by Kogas, and Japanese and Omani firms own other stakes of under 3%.