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Oman Signs 10-Year LNG Supply Agreement with Shell

Oman LNG has signed a 10-year liquefied natural gas supply agreement with Shell, as the state-owned Omani company optimizes its operations to meet global consumer demand.

 

The deal involves up to 1.6 million metric tonnes of LNG a year and will start from next year.

 

The supply agreement “contributes to opening new horizons for co-operation in global markets”, said Oman LNG chief executive Hamad Al Numani.

 

The deal also complements the two companies' agreement in October to extend their partnership beyond 2024 as the demand for natural gas continues to grow amid green transition efforts.

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