No 24



OLNG Signs Short-Term Supply Deal With Mitsubishi

Oman LNG (OLNG) announced on 7 June an agreement to supply Japans Mitsubishi Corporation with 360,000 tons of LNG in 2003 and 2004. During this two-year period, OLNG will send 20-24 cargoes (around 180,000 tons each year) to the Japanese firm. Mitsubishi has chartered the LNG ship Belisair for the deal the first time that it has lifted LNG cargoes from Oman. Earlier in June, OLNG announced that it had reached...