Oman LNG pens supply deal with China's Unipec
State-owned Oman LNG has signed a binding term sheet with China’s Unipec to supply 1mn metric ton/year of LNG for four years starting in 2025, it announced on February 7 on Twitter.
“This step comes to leverage the ever-growing partnership between Oman LNG and international energy firms, and promotes the company's efforts to reach new markets,” the company said.
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Oman LNG is 51% owned by the government of Oman, 30% by Shell, 5.4% by Total, 5% by Kogas, and Japanese and Omani firms own other stakes of under 3%.
In recent weeks, the company has signed multiple LNG supply deals. Last month it signed an agreement with Shell, Thai PTT and France’s TotalEnergies and Botas. In December, it signed deals with three Japanese companies: Itochu Corporation, Jera and Mitsui & Co.