Pivotal agreement
The agreements also included a memorandum of understanding to accelerate and develop upstream gas projects, and a declaration of intent agreement to explore opportunities for sustainable liquefied gas production in the Sultanate of Oman, which is extracted using green hydrogen with activating the capture and storage of carbon dioxide resulting from the process, then liquefying this low-carbon gas and pumping it into networks Existing gas, including Oman LNG’s LNG terminals, up to the end user.
The Omani Minister of Energy and Minerals, Eng Salem bin Nasser Al-Awfi The memorandum of understanding related to the production, liquefaction and use of gas by Oman LNG is the focus of all agreements that have been signed to combine hydrogen production with carbon production or carbon capture, in addition to using the gas station to liquefy new gas, which will open new horizons for the gas station and ensure the sustainability of this process. The station for the production and export of gas in the coming years.
It is noteworthy that last December, the Oman LNG Company signed 3 agreements with Japanese companies with the aim of producing and delivering LNG to Japan in quantities amounting to 2.35 million metric tons annually for periods ranging from 5 to 10 years, starting from 2025.
Oman agrees to supply Japan with 2.3 million tons annually of liquefied gas
For his part, Walid Hadi, President of Shell Companies in the Sultanate of Oman, said that the agreement with the Omani company is long-term and is the first of its kind in the purchase of Shell LNG from the Sultanate of Oman, which supports the continuation of the Omani LNG in its work until 2030.
He added that his company’s accession to the green energy project in the Sultanate of Oman is another step towards making progress in energy projects with low or zero emissions.