Skip to content Skip to Search
Skip navigation

Oman signs LNG supply pact with Germany’s Sefe

By Pramod Kumar
Starting in 2026, Oman will deliver one million tonnes of LNG per annum to BP for nine years Oman News Agency
Sefe is the first German company to purchase Omani LNG

State-backed Oman LNG has signed a three-year pact to supply 0.4 million metric tonnes per annum (mtpa) of liquefied natural gas (LNG) to German headquartered Sefe Secure Energy for Europe (Sefe) from 2026.

The binding term sheet was signed in August 2023, with the formal agreement being signed during the Berlin Energy Transition Dialogue 2024, Sefe said in a statement.

Sefe is the first German company to purchase Omani LNG, the statement added.

“The agreement signifies access to new markets, technological advancements from Germany, and broader economic growth opportunities,” said Hamed Al Naamany, CEO, Oman LNG.

“This partnership diversifies our portfolio and supports our goal to provide Europe with a secure energy supply,” said Dr Egbert Leage, CEO of Sefe.

Oman LNG has a nameplate capacity of 11 million metric tonnes per annum and supplies LNG and natural gas liquids to global customers.

On the other hand, Sefe plays a pivotal role in ensuring energy security in Germany and Europe. It operates in Germany and seven other European markets, securing the energy needs of more than 50,000 customers in industrial and municipal utilities sectors.

Latest articles

Occupancy levels in Dubai's commercial and industrial segment reached an all-time high of 91% in the first quarter of 2024

Profit up 15% at Dubai’s free zone operator Tecom

Tecom Group, the Dubai-based operator of business parks and free zones, said earnings rose 15 percent year on year in the first quarter of 2024, driven by high demand for office and industrial space. Net profit reached AED293 million ($80 million) in the quarter ended March 2024, compared to AED255 million a year ago. Revenue increased […]

The Gulf Islamic Investments logistics real estate platform owns 1.5m square feet of high-quality warehouses in the UAE

Canada’s Brookfield invests in UAE warehouse sector

Canadian company Brookfield Asset Management has acquired a controlling stake in a portfolio of warehouses owned by the UAE’s Gulf Islamic Investments (GII), as it takes advantage of continuing growth in the region’s e-commerce sector. The value of the deal was not given. The portfolio includes 1.5 million square feet of high-quality warehouses across the UAE.   […]

The DFM is actively looking to expand beyond established companies, focusing on startups and adding new sectors

Dubai focuses on pre-IPO stage for startups

Dubai Financial Market (DFM) is focusing on supporting startups in the pre-initial public offering (IPO) stage to raise capital and connect them with potential investors, CEO Hamed Ali has said. “Diversifying the investor base is one of the top priorities for DFM,” Ali was quoted as saying in an interview with the UAE state-owned Wam […]

Fakeeh IPO

Institutions snap up share of Fakeeh Care Group IPO in minutes

Institutional investors snapped up their slice of shares in the Saudi healthcare conglomerate Fakeeh Care Group within minutes of the start of the book-building process for the company’s IPO. Fakeeh Care Group, which was founded in Jeddah in 1978, has set the price range for its initial public offering (IPO) at between SAR53 ($14.13) and […]