{"id":10488,"date":"2024-04-22T11:30:45","date_gmt":"2024-04-22T11:30:45","guid":{"rendered":"https:\/\/roydadnaft.ir\/English\/?p=10488"},"modified":"2024-04-22T11:30:45","modified_gmt":"2024-04-22T11:30:45","slug":"oman-lng-signs-supply-deal-with-totalenergies","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/10488\/","title":{"rendered":"Oman LNG signs supply deal with TotalEnergies"},"content":{"rendered":"

RoydadNaft – <\/a><\/span>\u00a0Oman LNG and TotalEnergies, one of its shareholders, have signed a sale and purchase agreement to supply 800,000 metric tons per year of liquefied natural gas, the companies said on Monday.<\/p>\n

TotalEnergies, which owns 5.54% of Oman LNG, will be supplied by the company for 10 years from 2025, they said in separate statements.<\/p>\n

Oman LNG last week signed an agreement with Turkey’s state gas grid operator Botas to supply about 1 million tons per annum (mtpa) of LNG for 10 years from 2025. It also signed a 10-year deal with Shell (SHEL.L) to supply 1.6 mtpa from 2025.
\nTotalEnegies has also made a final investment decision (FID) for Oman’s Marsa LNG project, the French oil major said.<\/p>\n

The project will be run by a joint venture named Marsa Liquefied Natural Gas. The business is 80% owned by TotalEnergies, with the rest held by Oman state oil company OQ.<\/p>\n

The project includes 150 million cubic feet of natural gas per day, coming from the venture’s 33.19% stake in the Mabrouk North-East field on onshore Block 10, which will provide feedstock for the Marsa LNG plant. The block began production in January 2023 and reached plateu this month.<\/p>\n

“The FID allows Marsa LNG to extend its rights in Block 10 until its term in 2050,” TotalEnergies said.<\/p>\n

The project also includes building an LNG liquefaction plant at Sohar port, with a capacity of 1 mtpa. Production is expected to start by the first quarter of 2028, mainly to serve the marine fuel market. A solar plant will also be built to fully cover the plant’s power consumption.<\/p>\n

TotalEnergies and OQ are at “an advanced stage of discussions to jointly develop a portfolio of up to 800 MW, including the 300 MW solar project that will supply Marsa LNG”, TotalEnergies said.<\/p>\n

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