TotalEnergies is Rolling Out its Integrated Gas Strategy in Oman

TotalEnergies is Rolling Out its Integrated Gas Strategy in Oman

TotalEnergies declared the start of gas production from onshore Block 10 in the Sultanate of Oman as well as a long-term LNG purchase contract with Oman. This came in accordance with its growth strategy in gas and LNG, a fuel contributing to the energy transition.

The onshore Block 10 Mabrouk North-East field of TotalEnergies has started producing gas. Block 10 is owned by TotalEnergies with a 26.55% stake, OQ with a 20% stake, and Shell, the operator, with a 53.45% stake.

Gas output is forecast to reach 500 million standard cubic feet per day by mid-2024. The produced gas will supply the Omani gas network, feeding both local industry and LNG export facilities. This production start-up follows the signing of the concession agreement in December 2021.

A contract between TotalEnergies and Oman LNG for the purchase of 0.8 million metric tonnes of LNG annually beginning in 2025 has also been signed.

By enabling TotalEnergies to target both the European and Asian markets, this new contract will strengthen its flexibility and add to its integrated LNG portfolio. Since the electric utilities who purchase this gas will be able to use it in place of coal, reducing CO2 emissions (a natural gas power plant emits about half as much CO2 as a coal power plant), this LNG will help reduce emissions into the atmosphere.

“These announcements are consistent with the ambition of TotalEnergies to contribute to the energy transition and reinforce its long-standing partnerships with both Oman LNG and the Omani State”, said Patrick Pouyanné, Chairman and CEO of TotalEnergies. “TotalEnergies deploys in Oman its multi-energy strategy in oil, gas and renewables and so participates in the sustainable development of the country’s natural resources.”

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