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Oman signs major gas supply deal with Turkey

LNG-investment

Oman LNG has signed a long-term agreement with Turkey’s BOTAS Petroleum Pipeline Corporation to supply 1 million metric tonnes (MMmt) of LNG annually for ten years.

According to the agreement signed with BOTAS, Oman LNG will start supplying gas to Turkey in 2025.

The agreement helps strengthen its partnerships with international firms in the energy and LNG industry, Muscat Daily reported, citing a press statement from Oman LNG.

Speaking after the signing ceremony, Hamed al Naamany, CEO of Oman LNG, said, “Signing this term-sheet agreement with BOTAS supports our efforts to further develop our position in the global energy and LNG industry and explore new markets with key industry partners. This step complements our commitment to add value to the local economy through growth and collaborations with international partners such as BOTAS.”

Last month, Oman LNG signed two binding term-sheet agreements with Thailand’s PTT Global LNG and French energy giant TotalEnergies to supply a total of 1.6 MMmt of LNG annually starting 2025.