Oman LNG secures its post-2024 future
With offtake deals, shareholder agreements and gas supply in place, could the country expand its LNG industry further?
The remarketing campaign begun by Oman in 2022 to replace expiring offtake contracts went better than expected, energy minister Salim al-Aufi revealed at a signing ceremony in Muscat in October—where shareholders in Oman LNG and Qalhat LNG were renewing their participation agreements with the government. “The volume that was received in terms of demand took us by surprise—a positive surprise because we were not expecting so much interest,” the minister told local media. With around 10.5mt/yr of LNG production capacity up for grabs, Oman received expressions of interest for 70mt/yr. By then it was already clear that the year-long sales campaign was going well. Between December 2022 and Novemb

Also in this section
23 July 2025
The country’s energy minister explains in an exclusive interview how the country is taking a pragmatic and far-sighted approach to energy security and why he has great confidence in its oil sector
23 July 2025
Gas is unlikely to assume a major role in Albania’s energy mix for years to come, but two priority projects are making headway and helping to establish the sector
22 July 2025
The gas-hungry sector is set for rapid growth, and oil majors and some of the world’s largest LNG firms are investing in ammonia production and export facilities, though much depends on regulatory support
22 July 2025
Next year’s WPC Energy Congress taking place in April in Riyadh, Saudi Arabia will continue to promote the role of women in the energy sector, with a number of events focusing on the issue.