Qalhat LNG signs distribution deal

Oman's Qalhat LNG has signed an agreement with Oman Trading International to market products of the country's liquefied natural gas train, the two companies said in a statement.

Oman Trading is a joint venture of Oman Oil Co. and European energy trader Vitol.

Qalhat LNG, with a capacity of 3.7 million tonnes per year, is 46.84% owned by Oman's government, 36.8% by Oman LNG, 7.36% by Union Fenosa Gas and 3% each by Japan's Itochu Corp, Mitsubishi Corp and Osaka Gas.

Qalhat said most of its LNG production has been contracted to Union Fenosa Gas of Spain, Mitsubishi and Osaka Gas on long-term purchase agreements.

With the Qalhat plant starting commercial operation early last year, Oman's LNG output rose to 10 million tonnes per year.

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