Amigo LNG Signs Deal to Supply Oman's OQ Trading from Mexico Facility
(P&GJ) — Amigo LNG, a Mexico-based subsidiary of Singapore’s LNG Alliance Pte Ltd, has signed a binding Heads of Agreement (HOA) with OQ Trading, the trading arm of Oman’s national energy company. The deal involves supplying LNG from Amigo’s liquefaction facility in Guaymas, Sonora, Mexico, targeting the fast-growing Asian market.
"Securing the offtake agreement with a leading NOC partner like OQT strengthens our position as a reliable and responsible global energy provider,” Muthu Chezhian, CEO of LNG Alliance, said. “We are advancing rapidly in delivering the strategically located Amigo LNG project, expanding our portfolio of lower-carbon energy solutions to drive the energy transition, and we remain committed to supporting our customers and partners every step of the way."
OQ Trading CEO Wail Al Jamali said the agreement marks a significant step in OQ’s LNG portfolio growth. “This deal allows us to deliver LNG to customers in the Asia-Pacific region,” Al Jamali stated.
The Amigo LNG facility is a large-scale project on Mexico’s west coast, capable of producing 7.8 million tonnes per annum (MTPA) of LNG. It is being developed in partnership with the State of Sonora and the Port of Guaymas.
Related News
Related News
- Phillips 66 to Shut LA Oil Refinery, Ending Major Gasoline Output Amid Supply Concerns
- FERC Sides with Williams in Texas-Louisiana Pipeline Dispute with Energy Transfer
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- Malaysia’s Oil Exports to China Surge Amid Broader Import Decline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Marathon Oil to Lay Off Over 500 Texas Workers Ahead of ConocoPhillips Merger
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
Comments