Sohar Port and Freezone to get LNG liquefaction plant: Marsa LNG — a TotalEnergies and OQ JV — has reached a Final Investment Decision (FID) and inked a sub-usufruct agreement with Oman’s Sohar Port and Freezone for an LNG liquefaction plant at Sohar port, according to a press release. The move comes in a bid to establish Sohar as the first LNG bunkering hub in the region and further sustainability goals.
Details: The 44.5 hectare LNG liquefaction plant has a total investment ticket of USD 1.6 bn and will be powered by a 300 MWp solar plant , the statement notes. LNG production at the plant is set to kick off in 1Q 2028 and is primarily intended to meet LNG bunkering demand, with 80% of any remaining unsold LNG quantities taken by TotalEnergies and the remaining 20% taken by OQ, the statement said.
Who’s working on the project: The major engineering, procurement, and construction (EPC) contracts for work on the LNG plant have been awarded to French energy engineering firm Technip Energies, with US-based EPC firm CB&I taking over the contract for the 165k cubic meter LNG tank.
About Marsa LNG: The JV was formed in 2021 and is 80% owned by TotalEnergies, and 20% owned by OQ, according to an earlier press release.