Oman LNG Company is actively promoting a series of major projects to increase production capacity, expand business areas, and consolidate its position in the global LNG market.

In terms of capacity enhancement, the company has included several contractors in the final candidate list, who will participate in the engineering, procurement, and construction (EPC) work for the new processing unit of the Qalhat liquefied natural gas production complex in the Sul region. The new liquefied natural gas train will be the fourth train of the complex, with an expected annual output capacity of 3.8 million tons. After being put into use in 2029, the company's total production capacity will increase to 15.2 million tons. At present, the company has released the main EPC tender, and contractors such as Chiyoda (Japan)/Samsung C&T (South Korea), JGC (Japan), Saipem (Italy)/Daewoo Engineering and Construction (South Korea) have been invited to bid. Previously, the company also conducted preliminary engineering research and awarded a front-end engineering and design contract to KBR in the United States.

In the field of business expansion, Oman LNG Company has also made new moves. In June, the company awarded a contract to Kanadevia Corporation in Japan for the preliminary preparation of a pilot methane chemical plant and detailed conceptual research for future commercial scale expansion. The pilot factory is expected to produce 18000 standard cubic meters of e-methane per hour, including seawater desalination units, hydrogen production equipment, and methane conversion systems. This agreement is based on the memorandum of understanding signed by Oman and Japan in March 2024, which covers cooperation in the fields of hydrogen fuel ammonia and carbon recovery.

Oman LNG Company has a unique equity structure, as it is a joint venture between the Ministry of Energy and Mines of the Sultanate and foreign stakeholders. The foreign party holds 51% of the shares, while the remaining 49% is held by multinational companies such as Shell in the UK and TotalEnergies in France. The company currently operates three production lines with a rated capacity of 10.4 million tons per year. After resolving bottleneck issues, the total production capacity has increased to approximately 11.4 million tons per year.

Looking back at its development history, in 1997, the company obtained $2 billion in project financing and established its first liquefied natural gas export terminal - the Carhart LNG terminal, which was put into use in 2000. In 2013, Qalhat LNG merged with Oman LNG. The natural gas exported from this terminal is provided by Oman Petroleum Development Company, and the customers were originally mainly located in Asia. In recent months, they are actively expanding to areas outside of Asia. In April, the company also launched maintenance activities for the third liquefied natural gas processing unit, which was put into operation in 2006 and has an annual output capacity of 3.3 million tons. Editor/Cheng Liting