Oman LNG and bp commit to nine-year multi-million tonne LNG supply deal


Oman’s liquefied natural gas (LNG) company Oman LNG will supply energy giant bp with one million metric tonnes per annum (mtpa) of LNG for nine years, according to a new sales and purchase agreement signed by the companies.

Signed yesterday, November 21st, the deal is the latest in a string of agreements for Oman LNG, including one inked in August 2023 between Oman LNG and German firm Securing Energy for Europe to supply 400,000 tonnes of LNG for four years from 2026.

Oman LNG has also signed a ten year 800,000 tonnes per annum deal with TotalEnergies and a nine-year supply agreement with Thailand’s Petroleum Authority of Thailand starting in 2026.

Commenting on its newest supply deal, Hamed Al-Naumani, CEO of Oman LNG, said, “the importance of this agreement is to create new opportunities to renew the Sultanate of Oman’s presence on the global energy trade map, noting that the agreement will contribute to increasing LNG revenues, supplying the national economy, and raising the gross domestic product.”

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