Oman has extended its LNG supply relationship with BP plc for an additional nine years as it progresses its “Beyond 2024” initiative to remain a significant natural gas player through the decade.

BP inked a liquefied natural gas sales and purchase agreement (SPA) with Oman LNG for 1 million metric ton/year (mmty) on a free-on-board basis starting in 2026. The major currently holds a 1 mmty SPA for supply from Oman’s Qalhat facility that is set to expire in 2025.

BP is also an operator and 40% equity holder in Block 61 in the offshore Khazzan-Makarem field, which BP has called one of the largest unconventional natural gas reserves in the Middle East.

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