Home Business Maritime LNG Bunkering Hub Underway In Oman
Maritime

LNG Bunkering Hub Underway In Oman

Share
Share

French energy major Total is looking to develop a liquefied natural gas (LNG) bunkering hub in Oman under a recently signed Memorandum of Understanding (MoU).

The company said it would use its equity gas entitlement as feedstock to supply LNG as a fuel to marine vessels.

For this purpose, Total plans to build a new small-scale modular liquefaction plant in Sohar port.

The plant will comprise a train of around 1 Mt per year and will offer the flexibility for expansion as required by the development of the LNG bunkering market.

Under the MoU, signed with the Government of Oman, Total is to develop natural gas resources in Oman, covering both upstream and downstream businesses.

Total and Shell as operator will develop several natural gas discoveries located in the Greater Barik area on onshore Block 6 with respective shares of 25% and 75%, as per the agreement between both companies and before possible State back-in, with the objective of an initial gas production of around 500 MMcfd and a potential to reach 1 bcf/d at a later stage.

“We are pleased to sign this MoU with the Sultanate of Oman that will give us access to new gas resources and the opportunity to develop an integrated gas project,” Arnaud Breuillac, President Exploration & Production at Total, said.

“We will bring our expertise in LNG and will introduce access to a new gas market for the Sultanate. Developing an LNG bunkering service will generate in-country value and job opportunities, and will support industry diversification through fostering the shipping activity in Oman.”

—World Maritime News

Share

Businesstoday Magazine

Businesstoday Conference/Awards

Related Articles

ICRC Partners NIMASA To Develop The Maritime Sector

The Infrastructure Concession Regulatory Commission (ICRC) has expressed commitment to partner the...

NIMASA, Chatham House To Engage UN Security Council On Security In Gulf Of Guinea

Director General, Nigerian Maritime Administration and Safety Agency, NIMASA, Dr Dayo Mobereola...

CGC Adeniyi Reactivates Over Decade-Old CMAA With US Customs & Border Protection

The Comptroller-General of Customs (CGC) Bashir Adewale Adeniyi, took a significant step...

President Tinubu Name Dantsoho As New NPA Boss

President Bola Tinubu has approved the appointment of Dr. Abubakar Dantsoho as...