Oman Will Seek Talks With BP, Shell to Secure Latest LNG Project
- Only companies able to send gas to the plant can take a stake
- Sultanate’s fourth LNG train would have a capacity of 3.8 mtpa
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The future of Oman’s next liquefied natural gas production facility hinges on private investments from some of the world’s biggest energy companies.
Oman’s economy relies heavily on oil and gas production and increasing its exports would bolster its strained finances. But the government is no longer willing to provide state funds and future projects must be financially viable on their own.