Oman to provide over 2 Mln tons of LNG annually to Japan in 2025
Local media reports that representatives of the two countries prolonged the agreement on cooperation in the areas of oil, gas and green energy.
The government of Oman has signed a contract with three Japanese companies for annual imports of more than 2 million tons of liquefied natural gas (LNG) to Japan beginning in 2025, according to Japanese media.
Japan's trading houses Mitsui, Itochu and electricity firm Jera will purchase additional LNG from Oman starting 2025 for about 10 years under the signed contracts, according to the Kyodo news agency.
Oman's state news agency ONA reported that representatives of the two countries prolonged the agreement on cooperation in the areas of oil, gas, and green energy.
The deal came on a day when Japan's oil and gas explorer Inpex announced a 20-year contract with US Venture Global LNG on supplies of around 1 million tons of LNG to Japan per year.
Japan and Saudi Arabia signed earlier a memorandum on jointly establishing a network to supply new types of energy, such as hydrogen and ammonia.
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