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Oman’s Ministry of Oil and Gas (MOG) is optimistic that ongoing talks to develop the 4.5+tcf Mabrouk NE gas field as part of a $19bn deal with Shell and Total will result in a ‘master agreement’ by the end of the year, MOG Undersecretary Salim al-Aufi told the audience at Oman’s annual media briefing this week in Muscat.
The deal, which initially comprised two separate MoUs signed last May ( MEES, 18 May 2018 ), would see Shell operate the upstream portion of the project alongside Total (75:25). Initial volumes of 500mn cfd are planned, potentially rising to 1bn cfd, which would then be divided between a Total-operated 1mn t/y LNG bunkering plant at Sohar and a Shell-led 45,000 b/d gas-to-liquids (GTL) plant at Duqm (see map). Giving a tentative timeline, Mr Aufi says the projects would be completed by 2024 and 2026 respectively. “We are definitely working to bring these dates forward,” he adds. (CONTINUED - 1484 WORDS)
DATA INSIDE THIS ARTICLE
|chart||Oil Products And LNG Are Increasingly Central To Oman Export Revenues ($Bn)|
|chart||Increased Gas Output* Sees 34% Jump In Y-O-Y LNG Production (Gas Consumption, BCM/Y)|