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Oman LNG signs 10-year sale and purchase agreement with Mercuria Energy

Oman LNG has signed a 10-year natural gas sale and purchase agreement with Mercuria Energy Group for a quantity of 800,000 metric tons per year, with deliveries to start in April.

Oman News Agency

info@thearabianstories.com

Tuesday, February 18, 2025

MUSCAT : This agreement confirms Oman LNG’s commitment to providing reliable and sustainable energy to global markets while ensuring sustainable and efficient supplies of LNG.

Mercuria Energy Group, headquartered in Switzerland, is a global trading company active in a variety of energy markets including crude oil, refined petroleum products, natural gas, bioenergy, base metals and agricultural products.

Hamad bin Mohammed Al-Naamani, CEO of Oman LNG, explained that this agreement contributes to enhancing the expansion of the company’s business through partnership with Mercuria Energy Group and access to markets, stressing the company’s ongoing commitment to providing energy solutions that enhance global energy security and achieve sustainability.

Marco Dunand, CEO of Mercuria Energy Group, pointed out that the partnership is in line with the group’s strategy to expand its portfolio in the LNG sector and meet the needs in this area.

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