Middle East Economic Survey

VOL. XLVII

No 27

05-July-2004

OMAN

Qalhat LNG Signs Three Long-Term Supply Deals With Japan

Qalhat LNG, the new venture establishing and operating the third train at Oman LNG (OLNG), on 30 June signed three long-term supply contracts with Japanese firms. Under the deals, Qalhat LNG will supply:

  • 700,000 tons/year of LNG to Itochu for 20 years beginning in 2006;

  • 80,000 t/y to Mitsubishi for 15 years beginning in 2006 (the company says it plans to sell the gas in the US...