Oman LNG signs gas supply deal with Japan’s JERA

Oman LNG signs gas supply deal with Japan’s JERA

Muscat – Oman LNG Company on Tuesday announced the signing of a significant sales and purchase agreement (SPA) with JERA, Japan’s largest power company. As per the terms of the agreement, Oman LNG commits to supplying 0.8mn metric tonnes per annum of LNG to JERA over a span of 10 years, commencing in 2025. This […]Muscat – Oman LNG Company on Tuesday announced the signing of a significant sales and purchase agreement (SPA) with JERA, Japan’s largest power company.

As per the terms of the agreement, Oman LNG commits to supplying 0.8mn metric tonnes per annum of LNG to JERA over a span of 10 years, commencing in 2025.

This agreement not only solidifies the partnership between Oman LNG and JERA but also amplifies Oman LNG’s presence in Japan, a pivotal market it has served for the past two decades.

Hamed al Naamany, CEO of Oman LNG, remarked on the significance of the agreement, saying, “This sales and purchase agreement underscores the deepening partnership with Japan’s foremost LNG importer, JERA. It exemplifies the trust and confidence JERA places in Oman’s LNG. This deal ensures mutual growth while guaranteeing a stable energy supply to this critical market.”

Beyond raising Oman LNG’s reputation as a reliable