Japanese TV: Japanese companies are planning a major gas deal with the Sultanate of Oman

The Japanese channel NHK reported, citing its sources, that 3 Japanese companies are planning to conclude a major deal for the supply of liquefied natural gas from the Sultanate of Oman.

According to the channel, Japanese companies Mitsui, Itochu and JERA are expected to sign a 10-year contract with Oman, according to which two million tons of liquefied gas will be supplied annually.

The contract is expected to be signed in the presence of Japanese Economy Minister Yasutoshi Nishimura, who is visiting the Sultanate.

Deliveries are expected to begin after 2025.

It is noteworthy that currently Japan annually imports about 1.9 million tons of liquefied natural gas from the Sultanate of Oman, which is equivalent to 2.6% of all Japanese imports of this type of fuel.

Japan is seeking to diversify its sources of energy supplies amid high world market prices and limited supplies of liquefied natural gas amid growing demand.

Source: TASS