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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.

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%.