Oman LNG has signed a 10-year Sale and Purchase Agreement with Mercuria, a leading Switzerland-based trading company, reinforcing its commitment to delivering reliable and sustainable energy to global markets.
Under the agreement, Oman LNG will supply liquefied natural gas to Mercuria on a free on board basis, with deliveries of 800,000 metric tonnes per annum set to begin in April 2025. This long-term partnership highlights Oman LNG’s strategic role as a key LNG supplier, contributing to the diversification and stability of global energy supplies.
Mercuria, a globally recognised energy trading company, operates across various markets, including crude oil, refined petroleum products, natural gas, power, biodiesel, base metals, and agricultural commodities. This agreement further strengthens Mercuria’s position in the LNG sector and enhances its ability to meet the increasing energy demands of customers worldwide.
Hamed Mohammed Al Nu’amani, CEO of Oman LNG, emphasised the significance of the partnership, stating: “We are delighted to formalise this long-term agreement with Mercuria, reinforcing Oman LNG’s reputation as a reliable LNG supplier while also expanding across a wider portfolio of partners and market access. This continues to reflect our commitment to delivering energy solutions that support global energy security and sustainability.”
Marco Dunand, CEO of Mercuria, expressed enthusiasm about the collaboration, stating: “We are excited to establish this partnership with Oman LNG, which aligns with our strategy of expanding our LNG portfolio and meeting the evolving energy needs of our customers. We look forward to a successful collaboration that brings value to both parties.”
The agreement underscores Oman LNG’s ongoing efforts to expand its international market presence while ensuring the efficient and sustainable supply of LNG. With a strong focus on operational excellence, Oman LNG continues to contribute to Oman’s economic growth and strengthen its position in the global energy sector.
For more information visit www.mercuria.com
