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Oman and Spain have signed several memoranda of understanding (MoUs), including agreements in the fields of green methanol and liquefied natural gas (LNG). Oman LNG Company signed an MoU with Spain’s Naturgy to explore a potential long-term LNG sale and purchase agreement that could include the supply of up to one million tonnes annually for 10 years starting in 2030, the Oman News Agency (ONA) reported. Under the MoU, the two companies will also consider a joint investment in building an LNG carrier in cooperation with Asyad for maritime transport.

Oman, Spain ink MoUs for green methanol, LNG

Oman and Spain have signed several memoranda of understanding (MoUs), including agreements in the fields of green methanol and liquefied natural gas (LNG). Oman LNG Company signed an MoU with Spain’s Naturgy to explore a potential long-term LNG sale and purchase agreement that could include the supply of up to one million tonnes annually for 10 years starting in 2030, the Oman News Agency (ONA) reported. Under the MoU, the two companies will also consider a joint investment in building an LNG carrier in cooperation with Asyad for maritime transport.

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