Oman LNG signs supply agreement with Germany’s SEFE

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

The deal marks the first for Omani LNG with a German firm. 

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.

State-owned producer Oman LNG has signed a deal to supply liquefied natural gas to German gas importer Securing Energy for Europe (SEFE). (Image: Oman State News Agency)

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 SEFE.

“The term-sheet signing with SEFE marks another milestone,” said Mahmoud Abdulsatar Al Balushi, Chief Commercial Officer of Oman LNG. “Going further, the agreement leverages our constant efforts to add value to Oman’s economy through growth and collaborations.