Oman LNG

Touching lives

who we are

Through its Development Foundation, Oman LNG strive to serve the nation and touch the lives of people through different social initiatives. A total of 1.5% are earmarked annually from the company’s Net Income After Tax (NIAT) to sustain and develop Corporate Social Responsibility, where the company testified this commitment through the inauguration, sponsorship and support of different social programmes and projects in different parts of the Sultanate. To further enhance this strive, Oman LNG is proud to introduce the Shurooq application and website which enables the enhancement of partnership to further serve this nation and our beloved Oman.


News

Oman LNG successfully loads landmark 3,000th cargo

Sur, Sultanate of Oman Date: 28, November, 2022 Oman LNG announced today a historic milestone as it successfully loads the 3000th Liquefied Natural Gas (LNG) cargo lifted from its world-class facilities at Qalhat in Sur, destined for Japan. The milestone comes to highlight the company’s uninterrupted supply of LNG, marking the Sultanate of Oman as a committed source of safe and reliable energy supply. The milestone recognises the company’s operational excellence over its 22-year operational life - a success story where the company managed to sustain and thrive through a tailor-made plant rejuvenation programme that bolsters its production outputs, increases its production efficiency and uploads its environmental performance. Including the loading of the 3000th cargo, Oman LNG lifted 191.2 million metric tons of LNG. This milestone underscores Oman LNG's careful application of rigorous health, safety, and environmental standards to all its activities, which enabled a remarkable achievement of 35 million man-hours without a Lost Time Injury (LTI) at the end of 2019, before it’s voluntarily reset. In addition, the company’s sustainability efforts and on-going projects are well positioned to reduce its carbon footprint and foster its GHG management, which align with Oman’s 2050 net-zero emission target. Oman LNG loaded its 3000th cargo of LNG to Osaka Gas, carrying 135,000 cubic metres of LNG cargo sailing on the Jamal LNG vessel, was loaded at Oman LNG’s plant at Qalhat, in the eastern region of the Sultanate of Oman, and made its way to Japan. His Excellency, Abdulsalam Al Murshidi, President of Oman Investment Authority (OIA), commented on this milestone by OIA Subsidiary Oman LNG, saying that “we are happy to witness the delivery of Oman LNG’s 3000th LNG cargo, destined for Japan. Since Oman LNG's inception in 2000, the gas industry has made a substantial contribution to both attempts at economic diversification as well as addressing the world's energy demands. The gas value chain has not only ensured efficient energy supplies for the country but also created new markets and contributed to the local community, not to mention the positive reputation Oman LNG has built as a trusted and reliable supplier of LNG”. The current energy landscape worldwide is ever-challenging, requiring mutual and intense efforts to be taken by energy companies and the adoption of the most efficient practises to remain reliable and agile suppliers to customers. This milestone comes timely considering the growth of demand for gas, which has become an important commodity. The company's continued success is attributed primarily to its ability to stay competitive in a constantly changing energy landscape as well as its long-standing commitment to delivering LNG safely, efficiently, and reliably. LNG consignments from the Qalhat complex have been shipped to markets as far afield as Puerto Rico, one of 22 countries that have lifted Omani LNG since shipments began in 2000. Speaking on this milestone, Talal Al Awfi Oman LNG’s Chairman stated “Today, we are delighted to see the successful loading of our 3,000 LNG cargos from our world-class facilities in Sur. We take this opportunity to thank the Ministry of Energy and Minerals, Oman Investment Authority, shareholders, our upstream partners, the Board of Directors, our business partners, staff, and management of Oman LNG for this milestone. This gives us another opportunity to celebrate National Day with yet another achievement. For us, the 3000th cargo is more than just a number; it is a tale of success throughout our entire gas value chain and reflects our strong and enduring relationship with our buyers and our customers, with whom our success story began”. Through a landmark Royal Decree issued in 1994, the groundwork for developing the country’s potential for gas was established to kick-start efforts geared towards utilising the nation’s gas resources. This would earn for the country a new kind of revenue, supplementing the income from oil and spur far-reaching initiatives to grow the nation’s economy. The LNG industry is a significant contributor to a steadily increasing quality of life for citizens and residents in the Sultanate through its execution of a wide swath of social investment programs through the Oman LNG Development Foundation that addresses many economic and social needs. The export of Oman’s first cargo was in 2000 and since then, proceeds from the blossoming trade have supported, what some observers have described as an ambitious diversification program that has spurred growth in other important sectors of the economy, including tourism, agriculture and the spread of vital infrastructure that supports business and daily life. ENDS Enquiries Talib Al Zakwani Head of Communication, Media Relations & Publications Oman LNG Tel: 24609809 / Mob: 92880849 Email: talibalzakwani@omanlng.co.om Website: www.omanlng.com NOTE TO EDITORS Company Information Oman LNG LLC • Oman Liquefied Natural Gas LLC (Oman LNG) is a joint venture established by a Royal Decree in 1994 and operates under the laws of the Sultanate of Oman. The joint venture has a shareholding structure comprising the Oman Investment Authority (51%), Shell Gas B.V (30%), Total S.A. (5.54%), Korea LNG (5%), Mitsubishi Corporation (2.77%), Mitsui & Co. (2.77%), PTTEP (Oman) Corporation 2%, and Itochu (0.92%). • The Company engages in the business of producing and selling Liquefied Natural Gas (LNG) and its by-product, Natural Gas Liquids (NGLs). The company undertakes project operations and related activities essential to liquefy, store, transport and market Oman's natural gas and to deliver LNG to customers. The Company's activities contribute to the Government of Oman's objectives of diversifying the economy. Oman LNG operates three liquefaction trains at its site in Qalhat, near Sur in the South Sharqiyah Governorate, with a nameplate capacity of 10.4 million tonnes per annum (mtpa). • Oman LNG's Liquefaction Plant is located on the coast at Qalhat and its head office is in Muscat. • As of September 1, 2013, Oman LNG and Qalhat LNG integrated to form a single operating unit under the name of Oman LNG. • Oman LNG has been adjudged as the Best Company in Corporate Social Responsibility, in the fifth edition of His Majesty Sultan Qaboos Award for Voluntary Work. This makes Oman LNG the first-ever Omani company to win His Majesty Sultan Qaboos’ Award for Voluntary Work twice. The Company is also recognised as the best Company in CSR in the Arab World in the “Best Arab” competition. • Oman LNG was recognised by the Council of Ministers of Social Affairs for the Gulf Co-operation Council (GCC) as the best company in corporate social responsibility (CSR) in Oman. The recognition to Oman LNG by the council was supported by Oman’s Ministry of Social Development and underlined the company’s many contributions to the spread of social infrastructure in Oman and the benefits the social programmes have had on the people.

Oman LNG & ITHCA Group sign an MoU on the provision of Oracle ERP cloud services

Oman LNG and ITHCA Group signed a pivotal Memorandum of Understanding (MoU) on the provision of Oracle’s ERP Cloud services infrastructure for Oman LNG. The MoU covers different aspects of the strategic partnership between Oman LNG and ITCHA Group, where it lays the foundations of establishing a cloud-based system in Oman LNG for its future needs and requirements. This will ultimately help to transform the company’s current Enterprise Management Planning (ERP) systems and infrastructure to ITHCA’s cloud concepts, which helps to enhance the information systems and ownership in the company and generate optimisation, while ensuring compliance with Oman’s data sovereignty requirements. Commenting on this signing, Hamed Al Naamany, CEO of Oman LNG, commented: “Oman LNG continues to lead in its digital transformation journey. Having a cloud based presence is important for any business, and partnering with ITHCA is an integral cornerstone for our digital transformation journey as it eases access to new innovation, promotes knowledge sharing, as well as supports local SME’s to continue developing cloud solutions around Oracle. This agreement is a milestone in itself, and we look forward to continuing the success of our journey." The MoU ceremony was signed by Mr. Hamed Al Naamany – CEO of Oman LNG, and Eng. Said bin Abdullah Al Manthari, Group CEO, ITHCA. From his end, Eng. Said Al Manthari- CEO of ITHCA Group- expressed his gratitude to the signing ceremony, where he said: “This agreement is a strategic step to both organisations, where it complements the mutual commitment towards digitalisation. ITHCA’s investment and collaboration with Oracle helps in positioning the Sultanate of Oman as a leading global name in the latest technology trends and Oracle services. Going further, this helps to deploy modern technology, paving the way towards further development and enhancements of the local skills in Information Technology.” Oman LNG aims to enlarge the local digital ecosystem through strategic partnerships such as this collaboration with ITHCA. Such accord supports Oman LNG to continue being a reputable supplier of LNG to the world, to remain competitive in a volatile global change through a very strong application of digital technologies. Oman LNG started digital transformation journey in 2020 with a focus on booting in-country innovation supporting Oman 2040 vision; such step attracts investments in emerging technologies which in return will improve local SMEs and foster a labor market with skilled and highly-productive manpower and digital work culture. Through the above offerings, ITCHA was able to gain the Ministry of Transport, Communication, and Information Technology (MoTCIT) accreditation on providing Cloud Infrastructure, Cloud Platform and Cloud Software services to Oman Investment Authority’s different organisations and entities. ITCHA group aims to lead the cloud services industry with the partnership of the leading hyperscale cloud computing services “Oracle” through enhancing the current infrastructure by introducing the first hyperscale cloud technology in Oman and providing different layers of adds-on services according to each organisation requirements.

Hosted by Oman LNG, In-Country Value Global Connect Event Concluded

Muscat: 16th November, 2022: Attesting to their its In-Country Value efforts, Oman LNG hosted the In-Country Value (ICV) Global Practitioners Connect Event in Muscat, organised in collaboration with Petroleum Development Oman (PDO) and Shell Development Oman (SDO). The three-day event, which was wrapped up today (16 November) with a high-level report out session attended by senior officials, featured expert-led panel discussions which shed light on best ICV practices and methods that could ultimately benefit the country and its people. To achieve its “learning and education” scopes, the event also highlighted the role of ICV in supporting local Small and Medium Enterprise (SME) to foster a robust ecosystem that promotes collaboration within the energy industry. International industry experts, practitioners, specialists and enthusiasts joined the event to share their experiences and discuss the various trends and challenges associated with ICV, with greater focus placed on sharing challenges and best practices relating to policies and operations. Several panel discussions focused specifically on the role of oil and gas sector in promoting ICV, the energy transition, and disruptive technology such as the transition to renewables, skills transition, climate change, IT, digitalisation, and further exploring potential industry collaborations. The event, which attracted many regional and international partners including Peterson Institute, FDI Advisory Board and different ICV delegtaions from Kazakhstan, Brunei, Norway, Saudi Arabia and Nigeria, came in collaboration with various local authorities such as the Ministry of Energy and Minerals, Oman Vision 2040 Follow Up and Implementation Unit, Oman Investment Authority in addition to Petroleum Development Oman (PDO) and Oman Shell. PDO’s Managing Director, Steve Phimister, said: “We always strive to discover new ICV opportunities and challenges in our aim to establish PDO and Oman as an ICV centre of excellence both regionally and internationally. Organising this forum in collaboration with our partners in the oil and gas sector is in keeping with this vision and shows the shared commitment of key industry operators to further lead ICV in the country and foster the partnership between companies, suppliers and government authorities. “The forum shed light on global experiences and best practices in the application of ICV, as well as the opportunities created for our local economies through the transformation of the energy sector, thus helping us to increase value to the Omani economy. Indeed, ICV is a key enabler in the PDO strategy refresh that will help us to continue the development of the supply chain in both our core hydrocarbon business and the new value chains created by the energy transition.” Commenting on this workshop, Walid Hadi, Oman Shell’s VP and Country Chairman said: “This workshop has come at an important time in Oman’s energy transition. So far we have witnessed excellent progress through the announcement of hydrogen regulations, Oman‘s commitment to Net Zero Emissions by 2050 and the establishment of Oman Sustainability Center. Revisiting what In-Country Value (ICV) should look like - in terms creation of new supply chain opportunities - with a team of renown experts and practitioners will ensure that ICV is integrated and is at pace with Oman’s energy transition.” Commenting on this event, Hamed Al Naamany, CEO from Oman LNG said: “We thank all participants who came to support this event. Oman LNG has always shown an unwavering commitment to promote ICV on different levels. Hosting this event alongside our partners is key to continuing to build our skills and knowledge on ICV, not only at the local level but also at the international level. In addition, it provide opportunities to align on innovative efforts from various stakeholders and enhance positively SMEs impacts."