Japanese firms sign multi-year agreements to buy LNG from Oman, U.S.

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Japanese firms sign multi-year agreements to buy LNG from Oman, U.S.
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Japanese companies have inked several deals to receive liquefied natural gas (LNG) supplies, with an up to 10 years basic agreement reached with Oman LNG and a 20 year deal signed with U.S.-based Venture Global on Tuesday.

all signed supply deals with Oman LNG for a total of 2.35 million tonnes per year, state news agency ONA reported on Tuesday.

The contract, signed on a free-on-board basis, offered "high flexibility" and was expected to help Japan better respond to uncertainties with domestic LNG supply and demand, the power company said.

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