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Tuesday, May 6, 2025 2:23 GMT
OQ Trading (OQT), part of Oman’s integrated energy group OQ, has signed a 15-year agreement to purchase liquefied natural gas (LNG) from Mexico’s Amigo LNG, a subsidiary of Singapore-based LNG Alliance. The deal marks a significant step in OQT’s strategy to diversify its LNG supply sources beyond traditional markets in the Middle East and Asia. Under the agreement, OQT will procure 0.6 million tonnes per year (tpy) of LNG on a free-on-board (FOB) basis from Amigo LNG’s upcoming export terminal...More