Omani energy minister Salim al-Aufi with German economy minister Robert Habeck
Oman LNG secures its post-2024 future
With offtake deals, shareholder agreements and gas supply in place, could the country expand its LNG industry further?
The remarketing campaign begun by Oman in 2022 to replace expiring offtake contracts went better than expected, energy minister Salim al-Aufi revealed at a signing ceremony in Muscat in October—where shareholders in Oman LNG and Qalhat LNG were renewing their participation agreements with the government. “The volume that was received in terms of demand took us by surprise—a positive surprise because we were not expecting so much interest,” the minister told local media. With around 10.5mt/yr of LNG production capacity up for grabs, Oman received expressions of interest for 70mt/yr. By then it was already clear that the year-long sales campaign was going well. Between December 2022 and Novemb
Also in this section
8 January 2026
Indonesia and Malaysia are at the dawn of breathtaking digital capabilities. Their energy infrastructure must keep up with their ambitions
8 January 2026
The next five years will be critical for the North Sea, and it will be policy not geology that will decide the basin’s future
8 January 2026
The region’s access to versatile feedstock, combined with policy support, is setting it up to meet growing demand both at home and abroad
7 January 2026
No longer can the energy source be considered a sidekick to oil in the Middle East and neither should it step aside for less convincing alternatives
