Oman LNG Company announced on Friday the signing of a new sales and purchase agreement (SPA) with Turkey’s Botas Petroleum Pipeline Corporation.
Under the agreement, Oman LNG will supply 1mn metric tons per annum of liquefied natural gas (LNG) to Botas Petroleum for 10 years, starting from 2025.
In a significant development, Oman LNG has signed three gas supply agreements over the last one week.
On Wednesday, the company signed a major sales and purchase agreement with Shell International Trading Middle East to deliver up to 1.6mn metric tons per annum of LNG for a 10-year period, starting in 2025.
On Tuesday, Oman LNG signed a significant sales and purchase agreement with JERA, Japan’s largest power company, committing to supply 0.8mn metric tons per annum of LNG over 10 years, starting in 2025.
As part of its global marketing efforts, Oman LNG has secured several long-term gas supply agreements since the beginning of 2023.
In March, Oman LNG finalized a sale and purchase agreement with Germany’s SEFE (Secure Energy for Europe) to deliver 0.4mn metric tons of LNG annually to Germany. This landmark agreement signifies a milestone in the strategic energy partnership between Germany and Oman, with SEFE becoming the first German company to engage in LNG procurement from Oman.