TotalEnergies to Build LNG Hub in Oman Eyeing Marine Fuel Market

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TotalEnergies SE and Oman National Oil Co. will build a liquefied natural gas plant aimed at becoming the first hub serving the LNG marine fuel market in the Middle East.

The Marsa LNG project, 80%-owned by TotalEnergies and 20% by Oman’s OQ SAOC, includes upstream gas production, a 1 million-ton-per-year liquefaction plant to be built in the port of Sohar and a 300-megawatt solar plant to reduce the facility’s emissions, the French company said in a statementBloomberg Terminal Monday.