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Companies / South Korea

Muscat Sells Seoul More LNG

October 2007 | Contract News

Oman has signed a Memorandum of Understanding (MoU) with South Korea to supply a further 2.76bn cubic metres (bcm) of liquefied natural gas (LNG) per annum from 2008. Under the terms of the agreement, Oman will also provide spot cargoes of LNG to South Korea during the winter to meet seasonal high demand for heating.

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