Oman's Changed Gas Fortunes Drive LNG Ambitions

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Oman finds itself in a good position as it seeks to renegotiate its existing long-term LNG supply contracts that expire between 2024 and 2026. High gas production and LNG export levels last year have been met with expected high LNG prices and strong demand, triggered largely by Russia’s war in Ukraine and subsequently by a projected rebound of the Chinese economy.

Topics:
LNG Contracts, LNG Supply, Majors, Liquefaction, LNG Trade
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