{"id":86107,"date":"2025-05-06T00:00:00","date_gmt":"2025-05-06T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2025\/05\/06\/oman-inks-15-year-lng-purchase-agreement-with-amigo-lng\/"},"modified":"2025-05-06T00:00:00","modified_gmt":"2025-05-06T00:00:00","slug":"oman-inks-15-year-lng-purchase-agreement-with-amigo-lng","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2025\/05\/06\/oman-inks-15-year-lng-purchase-agreement-with-amigo-lng\/","title":{"rendered":"Oman inks 15-year LNG purchase agreement with Amigo LNG"},"content":{"rendered":"

<\/strong>Oman <\/strong>finalizes long-term<\/strong> LNG agreement with Amigo LNG: <\/strong>Omani energy group OQ Trading inked a 15-year sales and purchase (SPA) agreement with Mexico-based Amigo LNG, according to a statement<\/a> published last week. The agreement will see OQ Trading purchase 600k tonnes of LNG per annum from Amigo LNG\u2019s export terminal in the Mexican city of Guaymas, with deliveries expected to start in 2Q 2028. The price tag for the agreement has not been disclosed. <\/p>\n

The benefits:<\/strong> Tapping into LNG from that part of the world would enable OQ Trading to achieve its goals of reducing shipping times, increasing flexibility in supply chains, and expanding its supply sources beyond the Middle East and Asia. OQ Trading will also benefit from a cost-effective, geopolitically neutral supply route, as the West Coast of Mexico has a direct maritime path to Asia. <\/p>\n

We knew this was coming:<\/strong> OQ\u2019s trading arm inked a binding preliminary agreement<\/a> in September 2024 with Amigo LNG to offtake LNG from its new liquefaction plant under construction in Sonora. The new plant and export terminal are slated to process some 7.8 mn tonnes of LNG per annum. <\/p>\n

Oman is big on LNG:<\/strong> Oman LNG inked a 10-year SPA agreement in February<\/a> with Swiss commodity trading firm Mercuria to supply it with 800k metric tonnes of LNG annually, as well as a similar SPA<\/a> with Japanese power-generating outfit Jera in April 2024. Oman LNG also inked a five-year agreement<\/a> with Thailand\u2019s largest energy firm PTT PCL for 300k metric tonnes of LNG per year starting in 2026 and a 10-year SPA with Turkey\u2019s state-owned Petroleum Pipeline Corporation<\/a> for an annual supply of 1 mn metric tonnes. <\/p>\n","protected":false},"excerpt":{"rendered":"

OQ Trading will purchase 600k tonnes of LNG per annum from Amigo LNG<\/p>\n","protected":false},"author":1,"featured_media":86108,"comment_status":"","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[41],"tags":[227,142,32],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-86107","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trade","tag-lng","tag-oman","tag-trade","wpautop","entry"],"acf":{"mongo_id":"bba4a49e-4de4-406c-8201-3221f1ccd2f8","order":"5","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/5\/253.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Oman inks 15-year LNG purchase agreement with Amigo LNG","related_issue":[86099],"teaser":"OQ Trading will purchase 600k tonnes of LNG per annum from Amigo LNG","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/5\/.8830eaf7-0432-4752-93a9-1a923950186d.mp3"},"yoast_head":"\nOman inks 15-year LNG purchase agreement with Amigo LNG - 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