Oman LNG in 7-year supply deal with BP Singapore

Image courtesy of Oman LNG

Oman LNG, the state-owned operator of the country’s sole LNG export plant in Qalhat, signed a liquefied natural gas supply deal with BP Singapore, a unit of the UK-based energy giant.

The free-on-board (FOB) contract starting January 2018, will span over a period of seven years lifting 1.1 million tonnes per annum of LNG from the liquefaction plant in Qalhat, according to a joint statement.

This is equivalent to about 18 LNG cargoes per year.

Oman LNG operates three liquefaction trains in Qalhat with a capacity of 10.4 million mt per year.

It is a joint venture company established by a Royal Decree in 1994 and is owned by the government of Oman that has a 51 percent stake.

Shell holds a 30 percent stake in Oman LNG, Total (5.54%), Korea LNG (5%), Mitsubishi Corporation (2.77%), Mitsui & Co. (2.77%), Partex (Oman) Corporation (2%), and Itochu (0.92%).

Share this article

Follow LNG World News

Posted on January 22, 2018 with tags , .

Events>

<< Apr 2020 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 1 2 3

Flame 2020

Flame is Europe’s largest and most influential meeting place for the global gas industry.

read more >

4th PNG Petroleum & Energy Summit

The CWC Group, in partnership with Kumul Petroleum Holdings Ltd.

read more >

FSRU World Congress 2020

FSRU World Congress 2020 will therefore focus on further Commercialising FSRUs through LNG-to-Power…

read more >

CWC World LNG & Gas Series: 12th Asia Pacific Summit

The 2020 Summit will offer an unrivaled programme covering relevant and significant discussion topics…

read more >