Oman and Germany sign their first agreement for the supply of liquefied natural gas between them
Today, the Sultanate of Oman announced its intention to commence liquefied natural gas (LNG) exports to Germany by the year 2026. This step reflects Germany’s new initiatives aimed at diversifying its energy sources.
In this context, the “Oman Liquefied Natural Gas Company” has entered into an agreement with “SEFE” (SEFE), a European energy provider, to supply approximately 400,000 metric tons of liquefied natural gas annually for a duration of four years.
The Sultanate of Oman extends a helping hand to Germany amidst the energy crisis
This agreement comes at a time when Germany is striving to enhance its energy independence, particularly following previous tensions with Russia regarding gas transportation.
German Minister of Economy, Robert Habeck, emphasized the significance of diversifying energy sources to ensure the stability of the largest economy in Europe.
It is worth noting that this agreement marks the first of its kind between Oman and Germany in the gas sector, reflecting Oman’s commitment towards expansion and exploration of new markets on the global stage, particularly in the European continent.
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