Oman LNG, Germany’s SEFE sign gas supply deal

Oman LNG, Germany’s SEFE sign gas supply deal

Muscat – Oman LNG has finalised a sale and purchase agreement (SPA) with Germany’s SEFE Secure Energy for Europe to supply 0.4mn metric tonnes of liquefied natural gas (LNG) annually to the European nation. The SPA was signed on the sidelines of the Berlin Energy Transition Dialogue 2024 under the auspices of H E Eng […]Muscat – Oman LNG has finalised a sale and purchase agreement (SPA) with Germany’s SEFE Secure Energy for Europe to supply 0.4mn metric tonnes of liquefied natural gas (LNG) annually to the European nation.

The SPA was signed on the sidelines of the Berlin Energy Transition Dialogue 2024 under the auspices of H E Eng Salim bin Nasser al Aufi, Minister of Energy and Minerals. The agreement follows a prior commitment wherein Oman LNG signed a binding term-sheet agreement to supply SEFE with 0.4mn metric tonnes per annum of LNG starting in 2026.

The deal marks a milestone in the strategic energy partnership between Germany and Oman, as SEFE is the first German company to purchase Omani gas.

This strategic partnership reflects a significant step forward in bolstering the LNG supply chain, emphasising Oman LNG’s commitment to meeting SEFE’s energy needs, Oman LNG said in a statement.

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