Omani energy minister Salim al-Aufi with German economy minister Robert Habeck
Oman LNG secures its post-2024 future
With offtake deals, shareholder agreements and gas supply in place, could the country expand its LNG industry further?
The remarketing campaign begun by Oman in 2022 to replace expiring offtake contracts went better than expected, energy minister Salim al-Aufi revealed at a signing ceremony in Muscat in October—where shareholders in Oman LNG and Qalhat LNG were renewing their participation agreements with the government. “The volume that was received in terms of demand took us by surprise—a positive surprise because we were not expecting so much interest,” the minister told local media. With around 10.5mt/yr of LNG production capacity up for grabs, Oman received expressions of interest for 70mt/yr. By then it was already clear that the year-long sales campaign was going well. Between December 2022 and Novemb
Also in this section
12 December 2025
The federal government is working with Alberta to improve the country’s access to Asian markets and reduce dependence on the US, but there are challenges to their plans
12 December 2025
The latest edition of our annual Outlook publication, titled 'The shape of energy to come: Creating unique pathways and managing shifting alliances', is available now
11 December 2025
The removal of the ban on oil and gas exploration and an overhaul of the system sends all the right messages for energy security, affordability and sustainability
10 December 2025
The economic and environmental cost of the seven-year exploration ban will be felt long after its removal
