Muscat Sells Seoul More LNG

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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