Energy
Japan’s Mitsui, Itochu & JERA Could Agree On Long-Term LNG Contracts With Oman

Top Japanese electricity generator JERA, along with trading houses Mitsui & Co and Itochu Corp, are expected to sign long-term Liquified Natural Gas (LNG) contracts with a supplier in Oman, as per Reuters.
The contract will reportedly allow for the import of approximately 2mn tonnes of LNG annually from Oman for a period of 10 years, starting in 2025.
This, as per the source, will provide Japan with greater energy security, as the global LNG supply has been limited due to tensions with Russia and sanctions on Russian energy.
JERA, Japan’s largest LNG importer, confirmed that it will be signing the basic agreement with the Omani company. More information is expected to be published soon.
Reuters stated that the Japanese industry Minister, Yasutoshi Nishimura, will reportedly attend the signing ceremony. Japan imported 1.9 million tonnes of LNG from Oman in 2021, representing a significant 2.6 per cent of its total LNG imports.
-
OER Magazines2 months ago
OER, February 25
-
Alamaliktistaad Magazines2 months ago
Al-iktisaad, February 2025
-
Banking & Finance2 months ago
Sohar International Appoints Abdul Wahid Mohamed Al Murshidi as Chief Executive Officer
-
Energy2 months ago
Oman Gets Its First Hydrogen Refueling Station
-
News2 months ago
Shell Oman Marketing Company Hosts the 1st Lubricants Technology Conference in Muscat
-
News2 months ago
Oman Explores Semiconductor & EV Investments with EONH Private Holdings & Jetour Global
-
Economy1 month ago
Is Gold a Good Investment in 2025? A Deep Dive into the Precious Metal’s Future
-
News2 months ago
Microsoft AI Tour showcases groundbreaking AI innovations driving transformation and growth across Oman