Oman LNG has signed a purchase agreement (SPA) with its shareholder TotalEnergies to supply 800,000 tonnes per annum (tpa) of LNG, starting from 2025.
TotalEnergies, which holds a 5.54% stake in Oman LNG, will receive LNG for a decade.
The project, operated by the Marsa Liquefied Natural Gas joint venture (Marsa), which is 80% owned by TotalEnergies and 20% by Oman state oil company OQ, aims to integrate upstream gas production with LNG liquefaction capabilities.
The Marsa LNG project will harness natural gas from the Mabrouk North-East field in onshore Block 10, where Marsa holds a 33.19% interest.
The field began production in January 2023 and reached its production plateau in April 2024. The FID ensures Marsa LNG’s rights in Block 10 are extended until 2050.
Additionally, the project’s scope includes constructing an LNG liquefaction plant at Sohar port with a capacity of one million tonnes per annum (mtpa).
Expected to commence production in the first quarter of 2028, the LNG produced is primarily intended for the marine fuel market, particularly LNG bunkering, in the Gulf region.
Furthermore, a solar plant will be established to meet the power needs of the Sohar liquefaction plant, highlighting the project’s commitment to sustainability.
TotalEnergies chairman and CEO Patrick Pouyanné said: “We are proud to open a new chapter in our history in the Sultanate of Oman with the launch of the Marsa LNG project, together with our partner OQ, demonstrating our long-term commitment to the country.
