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    TotalEnergies to develop low carbon natural gas projects in Oman.


    January 18, 2023 - Chemical Weekly (CBNB Abstracts)

     

      TotalEnergies has entered into a series of deals with the Ministry of Energy and Minerals of the Sultanate of Oman for the sustainable development of the natural gas resources of the country. As part of the deals, Marsa LNG will be formed, which is 80% owned by TotalEnergies and 20% by Oman National Oil Company, OQ. The new entity will manufacture natural gas from Block 10, with a view to eventually build a low-carbon LNG site in Sohar, powered by solar electricity, for making LNG for bunker fuel. A concession deal for Block 10 is also signed to develop and manufacture natural gas from this block. Marsa LNG will own a 33.19% share in Block 10, along with its partners Shell Integrated Gas Oman BV (operator) and OQ. The production of TotalEnergies from Block 10 is predicted to reach around 24,000 boe/d in 2023. Under a gas sales deal, Marsa LNG will supply natural gas from Block 10 to the Government of Sultanate of Oman for an 18-year period or until the launch of the site of Marsa LNG. Original Source: Chemical Weekly, http://www.chemicalweekly.com/.

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