Qalhat may plan 2nd gas production unit
Muscat, April 22, 2008
Oman's Qalhat LNG said on Tuesday it would consider building a second liquefied natural gas production unit if the government could ensure gas supplies.
"We are always looking to expand by adding another train if we could get enough gas supply from the government," Harib Al-Kitani, CEO of Qalhat LNG said on the sidelines of an energy seminar.
Qalhat LNG produces 3.3 million tonnes per year of liquefied natural gas with long-term supply contracts to Spain's Union Fenosa and Japan's Osaka Gas.
Qalhat LNG, is 46.84 per cent owned by the government of Oman, 36.8 per cent owned by Oman LNG, 7.36 percent owned by Union Fenosa Gas with the rest owned by Japanese firms.
Oman, like its neighbours in the world's top oil-exporting region, has seen gas demand surge as an economic boom feeds both power consumption and industrial growth.-Reuters