Oman LNG has signed a binding term-sheet that will see the supply of 1 mta of LNG to China’s Unipec for four years beginning 2025
Oman LNG said the move is to leverage the ever-growing partnership between Oman LNG and international energy firms, as the company looks for ways to reach new markets.
Unipec is the trading arm of Asia’s largest refiner, Sinopec. China is among the world’s largest importers of LNG.
Over the last month, Oman LNG has signed supply agreements with Thai firm PTT Global LNG Co and French major TotalEnergies to supply a combined 1.6 mta of LNG, has signed supply deals with Japan’s JERA and explored deals related to LNG and green hydrogen with Shell.
In addition, Omani firm Asyad Group has contracted South Korean yard Hyundai Samho Heavy Industries to build and deliver two new LNG carriers which will be ready in 2026.
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