Oman LNG signs binding term-sheet agreement with Turkish BOTAŞ

Muscat: Oman LNG announced the signing of a binding term-sheet agreement with Turkish BOTAŞ Petroleum Pipeline Corporation (BOTAS) to supply 1 million metric tonnes per annum (mtpa) of LNG, starting in 2025. This agreement helps to strengthen Oman LNG’s partnership with international firms in the energy and LNG industry.

The signed term-sheet agreement will see Oman LNG supplying BOTAS with a total volume of 1 million metric tonnes per annum of LNG based on a 10-year contract, starting from 2025; helping to emphasize Oman LNG’s role in leveraging the Sultanate of Oman’s reputation and Oman LNG as a reliable and trusted LNG supplier, coupled with the effective management of business processes to produce clean energy delivered to customers around the world safely and reliably.

The agreement was signed here, in the presence of Eng. Salim bin Nasser Al Aufi, Minister of Energy and Minerals by Hamed Mohammed Al Nu’amani, CEO of Oman LNG and Burhan Ozcan, Chairman of the Board and General Manager of BOTAS Petroleum Pipeline Corporation.