SUPPLY CHAINS-

TotalEnergies has inked a Sale and Purchase Agreement (SPA) with Oman LNG to offtake 0.8 mn metric tons per annum of LNG for a 10-year period beginning in 2025, according to a press release. TotalEnergies holds a 5.54% stake in Oman LNG. TotalEnergies also reached a Final Investment Decision (FID) on the Marsa LNG project, a joint venture between TotalEnergies and Oman’s state oil company OQ, producing 150 mn cubic feet of gas per day. The FID will see the JV expand production and develop new infrastructure, the statement said.

REMEMBER- Oman LNG signed a sales and purchase agreement (SPA) with Turkey’s BOTAS Petroleum Pipeline Corporation for the supply of 1 mn metric tonnes per annum (mtpa) of LNG for 10 years, beginning 2025.

SHIPPING + MARITIME-

Another shipping service comes to King Abdul Aziz Port in Dammam: Saudi Ports Authority (Mawani) has added a new shipping service boosting links with ports in East Africa, dubbed East Africa Express, to its King Abdulaziz Port in Dammam, according to a statement. The new service will link the port to Mundra in India, Qasim in Pakistan, Abu Dhabi and Jebel Ali in the Emirates, via weekly trips with capacities up to 11k TEU, the statement said.

SUSTAINABILITY-

DP World gets serious about sustainable development: DP World has developed aSustainable Development Impact Disclosure (SDID) to assess the impact and monitor how far investments go towards meeting UN Sustainable Development Goals, according to a statement. “This disclosure not only demonstrates our commitment to sustainable development but also sets a path for industry-wide accountability,” CEO and Chairman Ahmed bin Sulayem said in the statement. DP World has invited industry players to share their feedback on the SDID by 1 September on this website.

LOGISTICS HANDLING-

Emirates Skycargo has kicked off an API connection with global logistics service solutions provider DB Schenker internal booking engine, according to a statement last week. The service provides a host-to-host connection with DB Schenker’s internal booking engine and aims to boost the efficiency of air freight bookings by providing access to Emirate Skycargo’s schedules, standard and contract tariff rates, available capacity and the airline’s global cargo network, the statement said.

OTHER STORIES WORTH KNOWING THIS MORNING-

  • British Airways resumes flights to Abu Dhabi: British Airways landed at Zayed International Airport following a four-year hiatus on Sunday morning, and is set to offer daily flights from London Heathrow to Abu Dhabi year-round. (Statement)
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