During his visit to Muscat on April 21st, Patrick Pouyanné, chairman and CEO of TotalEnergies, engaged in discussions with His Majesty Sultan Haitham bin Tariq Al Said and his excellency eng. Salim bin Nasser Al Aufi, minister of energy & minerals, reaffirming the enduring partnership between TotalEnergies and the Sultanate of Oman.
Accompanied by Mr. Mulham Basheer Al Jarf, chairman of OQ, the Oman National Oil Company, Patrick Pouyanné announced the final investment decision for the Marsa LNG project, marking a significant milestone in the collaboration between TotalEnergies and Oman.
TotalEnergies had previously inked a sale and purchase agreement with Oman LNG for the offtake of 0.8 Mtpa of LNG over ten years from 2025, establishing the company as one of the primary offtakers of Oman LNG’s production.
Furthermore, TotalEnergies (49 percent) and OQ Alternative Energy (51 percent) are in advanced discussions to jointly develop a portfolio of up to 800 MW, including a 300 MWp solar project to supply the Marsa LNG facility.
The Marsa LNG project, initiated by TotalEnergies (80 percent) and OQ (20 percent) through their joint company Marsa Liquefied Natural Gas (“Marsa”), integrates upstream gas production, downstream gas liquefaction, and renewable power generation. The project aims to establish one of the lowest greenhouse gas emissions intensity LNG plants worldwide, with a GHG intensity below 3 kg CO2e/boe, setting new standards for sustainability in the industry.
Key contracts for the project have been awarded to Technip Energies for the LNG plant and to CB&I for the LNG tank, highlighting the project’s commitment to top-tier engineering and construction standards.
Beyond its environmental benefits, the Marsa LNG project is expected to generate long-term employment opportunities and socio-economic benefits for the city of Sohar and the wider region.
One of the key objectives of the Marsa LNG project is to establish the first LNG bunkering hub in the Middle East, offering a competitive alternative marine fuel to reduce emissions in the shipping industry significantly. LNG’s environmental advantages, including reduced greenhouse gas emissions, nitrogen oxide emissions, sulfur emissions, and fine particle emissions, position it as a compelling choice for the maritime sector.
Patrick Pouyanné expressed his pride in launching the Marsa LNG project, underscoring TotalEnergies’ commitment to Oman’s sustainable energy development. He emphasised the project’s alignment with TotalEnergies’ multi-energy strategy, showcasing the company’s pioneering spirit and dedication to the energy transition. Through initiatives like Marsa LNG, TotalEnergies aims to drive long-term environmental and economic benefits while leading the way towards a sustainable energy future.
For more information visit www.totalenergies.com
