TotalEnergies announces Marsa LNG project investment

TotalEnergies officials visited Muscat, meeting with His Majesty Sultan Haitham bin Tariq Al Said and Minister of Energy & Minerals, Eng. Salim bin Nasser Al Aufi, reaffirming the partnership between TotalEnergies and OQ, the Oman national oil company. They announced the Final Investment Decision for the Marsa LNG project, committing to offtake 0.8 Mtpa of LNG from Oman LNG annually for ten years, starting in 2025. This consolidates TotalEnergies‘ position as a key offtaker of Oman LNG’s production. The Marsa LNG project, with TotalEnergies holding 80% and OQ 20%, combines gas production from the Mabrouk North-East field with LNG liquefaction at Sohar port. Additionally, TotalEnergies (49%) and OQ Alternative Energy (51%) are discussing joint development of up to 800 MW, including a 300 MW solar project to power the LNG plant.