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 , .


<< Feb 2018 >>
29 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 1 2 3 4

LNG Pricing, Trading & Risk Management: 3-Day Course

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools…

read more >

Asia Pacific Maritime and Offshore Exhibition 2018

7 years in the making, APM is the premier shipbuilding & marine, workboat and offshore exhibition in Asia…

read more >

CWC 2nd Papua New Guinea Petroleum & Energy Summit

The 2nd CWC Papua New Guinea Petroleum and Energy Summit is held under the patronage of the Prime Minister of Papua New Guinea…

read more >

CWC World LNG & Gas Series: 16th Americas Summit

Now in its 16th edition, the CWC World LNG & Gas Series: Americas Summit is the longest running LNG and gas event in the Americas region…

read more >