Germany Secures Oman LNG Supply Amid Gulf Tensions, First Shipments Delivered
Economy / Finance

Germany Secures Oman LNG Supply Amid Gulf Tensions, First Shipments Delivered

Despite the war with Iran and its impact on gas production in the Gulf region, the first liquefied natural gas (LNG) deliveries from Oman to a German company have already begun. SEFE, the state‑owned gas supplier, told the business magazine “Capital” that the shipments under a contract with Oman LNG “have begun as scheduled”. According to SEFE, the deliveries are “currently not affected by developments in the Gulf region”.

In 2023 SEFE became the first German energy company to sign a deal with Oman LNG. The agreement calls for an annual supply of 0.58 billion cubic metres (bcm) of LNG over a four‑year term, starting in 2026.

Oil and gas operators in neighbouring states have suffered from Iranian attacks on their energy infrastructure, coupled with a de facto blockade of the Strait of Hormuz. These disruptions have knocked significant volumes of Gulf‑produced LNG off the market, with Gulf state Qatar-a leading global LNG exporter-being particularly hard hit. While Oman has also faced recent Iranian retaliation, it lies east of the Hormuz Strait and is therefore not subject to the blockade. As a result, tanker traffic can still reach Oman’s LNG facilities, keeping its exports on schedule.