Gas deficit forces Oman to reschedule LNG exports

Gas deficit forces Oman to reschedule LNG exports

Oman’s rising domestic demand for power generation has forced the country to reschedule about 5 percent of LNG shipments in 2016.

The rise in demand for power generation has limited the amount of gas available for exports, which was confirmed to Reuters by Oman LNG’s CEO Harib Al Kitani.

Oman LNG did not respond to an email by LNG World News seeking further clarification on the matter by the time this article was published.

Oman LNG, a joint venture between the Omani government, Shell and Total is mostly exporting LNG to Japan and South Korea.

Iran talks

Exports from Oman’s LNG facilities could, however, rise if talks with Iran about exporting Iranian gas through Omani LNG facilities comes to fruition.

It was reported in January that one-third of Iranian natural gas exports to Oman is planned to be converted to LNG.

Iran is looking to export 28 million cubic meters of gas per day to Oman, 25 to 30 percent of which would be allocated to LNG.

 

LNG World News Staff

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Posted on March 22, 2016 with tags .

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