Oman LNG Signs a Binding Term-sheet Agreement with German Company

Oman LNG Signs a Binding Term-sheet Agreement with German Company

Oman LNG announced the signing of a binding term-sheet agreement with SEFE Secure Energy for Europe (SEFE) to supply 0.4 million metric tonnes per annum (mtpa) of LNG starting from 2026.

The agreement aims to enhance the ever-growing partnership between Oman LNG and international energy firms, where SEFE has become the latest beneficiary of Omani LNG marking the first LNG term deal with a German firm. The move is considered a remarkable milestone for both countries, thus opening doors for new opportunities in the European markets.

The signed term-sheet agreement encapsulates supplying a total volume of 0.4 million metric tonne per annum of LNG from Oman LNG to SEFE. The agreement is based on a 4-year contract, starting in 2026. Signing term-sheet agreements beyond 2024 emphasises Oman LNG’s role in sustaining the Sultanate of Oman’s reputation as a reliable and trusted LNG supplier, coupled with the effective management of business processes to produce reliable energy, and deliver it to customers around the world safely.

The agreement signing ceremony was held under the auspices of Eng. Salim Nasser al Aufi, Minister of Energy and Minerals. The agreement was signed by Hamed Al Naamany, CEO of Oman LNG, and Frederic Barnaud, Chief Commercial Officer of