{"id":9448,"date":"2026-02-28T15:21:00","date_gmt":"2026-02-28T11:21:00","guid":{"rendered":"https:\/\/omanet.om\/en\/news\/economy\/marsa-lng-construction-milestone-achieved\/"},"modified":"2026-03-01T06:06:26","modified_gmt":"2026-03-01T02:06:26","slug":"marsa-lng-construction-milestone-achieved","status":"publish","type":"post","link":"https:\/\/omanet.om\/en\/news\/economy\/marsa-lng-construction-milestone-achieved\/","title":{"rendered":"Marsa LNG Achieves Key Construction Milestone: What This Means for Investment and Business Growth in Oman"},"content":{"rendered":"<style>\r\n@keyframes hitv3sog-fadein{from{opacity:0;transform:translateY(14px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitv3sog-slideup{from{opacity:0;transform:translateY(20px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitv3sog-pulse{0%,100%{box-shadow:0 0 14px #dc262688}50%{box-shadow:0 0 32px #dc2626,0 0 60px #dc262655}}\r\n@keyframes 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solid rgba(255,255,255,0.18);backdrop-filter:blur(8px);-webkit-backdrop-filter:blur(8px);border-radius:20px;padding:3px 10px 3px 7px;margin-bottom:clamp(5px,0.6vw,9px);animation:hitv3sog-badge 0.5s ease both;\"><span style=\"display:inline-block;width:6px;height:6px;border-radius:50%;background:#dc2626;flex-shrink:0;\"><\/span><span style=\"font-size:clamp(8px,0.9vw,10px);font-weight:700;letter-spacing:0.07em;color:rgba(255,255,255,0.88);text-transform:uppercase;white-space:nowrap;\">EXCLUSIVE OMAN OFFER<\/span><\/div>\r\n    <div class=\"hitv3sogh\" style=\"animation:hitv3sog-slideup 0.7s ease both;animation-delay:0.15s;\">Websites For <span style=\"color:#dc2626;\">Omani Businesses.<\/span><\/div>\r\n    <div class=\"hitv3sogs\" style=\"animation:hitv3sog-slideup 0.7s ease both;animation-delay:0.3s;\">Empower your brand with custom digital solutions designed for high conversion and market dominance.<\/div>\r\n    <div class=\"hitv3sogbl\"><div class=\"hitv3sogbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Responsive designs built for growth<\/span><\/div><div class=\"hitv3sogbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Fast loading with smart automation<\/span><\/div><\/div>\r\n  <\/div>\r\n  \r\n  <div class=\"hitv3sogct\">\r\n    <button class=\"hitv3sogbtn\" style=\"animation:hitv3sog-pulse 2.5s ease-in-out infinite;animation-delay:1s;\">Build Your Free Website <span style=\"opacity:.9;\">\u2192<\/span><\/button>\r\n    <div class=\"hitv3sogbr\">hit.land<\/div>\r\n  <\/div>\r\n<\/a>\r\n<\/div>\n<p>MUSCAT, FEB 28 \u2014 Marsa LNG, the joint venture developing a 1 million tonnes per year LNG bunkering hub at SOHAR Port and Freezone, has reached a major construction milestone in the $1.6 billion project\u2014 the first of its kind in the region.<\/p>\n<p>The partnership, comprising TotalEnergies (80%) and OQ Exploration &#038; Production (20%), announced that last week the roof of a critical LNG storage tank was successfully installed in a highly complex operation.<\/p>\n<p>Houston-based CB&#038;I, a global leader in tank and terminal storage solutions and a McDermott subsidiary, carried out the &#8220;air-raising&#8221; technique. This engineering process involved using compressed air to carefully lift and position the fully assembled steel roof atop the tank wall. The operation lifted 631 tonnes of steel approximately 40 metres high with precise control.<\/p>\n<p>\u201cThis technical achievement represents a significant advancement for the project,\u201d the joint venture said. \u201cIt reflects meticulous planning, strong teamwork, and excellent health, safety, and environmental performance by Marsa LNG LLC and CB&#038;I.\u201d<\/p>\n<p>CB&#038;I holds the engineering, procurement, and construction (EPC) contract for the 165,000 cubic metre full-containment concrete LNG storage tank and related piping. Technip Energies serves as the EPC contractor for the overall bunkering hub.<\/p>\n<p>By the end of 2025, overall construction progress had reached about 39%, according to OQ Exploration &#038; Production (OQEP). An important milestone during the year was the signing of a Natural Gas Sales Agreement with Integrated Gas Company (IGC) to supply 150 million standard cubic feet per day (mmscfd) of gas from Block 10\u2014the source of Marsa LNG\u2019s gas equity\u2014for the bunkering facility. OQEP holds a 20% direct and indirect interest in Block 10, operated by Shell.<\/p>\n<p>\u201cOQEP benefits from a dual revenue stream from Block 10: gas sales and LNG sales from the upcoming Marsa LNG bunkering hub, the region\u2019s first,\u201d the publicly traded upstream energy company, part of OQ Group, stated in its 2025 financial report.<\/p>\n<p>The Marsa LNG bunkering hub is expected to be commissioned between the second and third quarters of 2028.<\/p>\n<p><style>\r\n@keyframes hitl8gak-fadein{from{opacity:0;transform:translateY(14px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitl8gak-slideup{from{opacity:0;transform:translateY(20px)}to{opacity:1;transform:translateY(0)}}\r\n@keyframes hitl8gak-pulse{0%,100%{box-shadow:0 0 14px #dc262688}50%{box-shadow:0 0 32px #dc2626,0 0 60px #dc262655}}\r\n@keyframes hitl8gak-shimmer{0%,100%{opacity:0.3;transform:scaleX(0.4)}50%{opacity:1;transform:scaleX(1)}}\r\n@keyframes 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solid rgba(255,255,255,0.18);backdrop-filter:blur(8px);-webkit-backdrop-filter:blur(8px);border-radius:20px;padding:3px 10px 3px 7px;margin-bottom:clamp(5px,0.6vw,9px);animation:hitl8gak-badge 0.5s ease both;\"><span style=\"display:inline-block;width:6px;height:6px;border-radius:50%;background:#dc2626;flex-shrink:0;\"><\/span><span style=\"font-size:clamp(8px,0.9vw,10px);font-weight:700;letter-spacing:0.07em;color:rgba(255,255,255,0.88);text-transform:uppercase;white-space:nowrap;\">EXCLUSIVE OFFER<\/span><\/div>\r\n    <div class=\"hitl8gakh\" style=\"animation:hitl8gak-slideup 0.7s ease both;animation-delay:0.15s;\">Your Website <span style=\"color:#dc2626;\">Should Sell.<\/span><\/div>\r\n    <div class=\"hitl8gaks\" style=\"animation:hitl8gak-slideup 0.7s ease both;animation-delay:0.3s;\">Custom-built websites with smart automation & AI-powered features.<\/div>\r\n    <div class=\"hitl8gakbl\"><div class=\"hitl8gakbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>SEO-optimized & lightning fast<\/span><\/div><div class=\"hitl8gakbi\"><span style=\"display:inline-block;width:5px;height:5px;border-radius:50%;background:#dc2626;flex-shrink:0;margin-right:7px;\"><\/span><span>Smart features built for your business<\/span><\/div><\/div>\r\n  <\/div>\r\n  \r\n  <div class=\"hitl8gakct\">\r\n    <button class=\"hitl8gakbtn\" style=\"animation:hitl8gak-pulse 2.5s ease-in-out infinite;animation-delay:1s;\">Get Free Consultation <span style=\"opacity:.9;\">\u2192<\/span><\/button>\r\n    <div class=\"hitl8gakbr\">hit.land<\/div>\r\n  <\/div>\r\n<\/a>\r\n<\/div><br \/>\n<\/p>\n<p>Special Analysis by Omanet | Navigate Oman&#8217;s Market<\/p>\n<p>The successful milestone in Marsa LNG\u2019s $1.6 billion bunkering hub project at SOHAR marks a <strong>strategic leap for Oman\u2019s position in regional LNG supply and maritime fuel services<\/strong>. For businesses, this development opens <strong>new opportunities in energy logistics and maritime industries<\/strong>, while smart investors should consider the dual revenue model from LNG sales and gas supply as a promising avenue amid growing energy demands. However, careful monitoring of construction progress and regulatory environments remains crucial to mitigate project execution risks.<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Marsa LNG, a joint venture between TotalEnergies and OQ Exploration, achieved a key milestone by successfully setting the roof of a major LNG storage tank at SOHAR Port. The $1.6B bunkering hub project, first in the region, reached 39% construction progress by 2025.<\/p>\n","protected":false},"author":5,"featured_media":9449,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[482],"tags":[3993,1074,3994],"class_list":["post-9448","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-construction-milestone","tag-lng","tag-marsa-lng"],"jetpack_featured_media_url":"https:\/\/omanet.om\/wp-content\/uploads\/2026\/03\/3309073.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/9448","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/comments?post=9448"}],"version-history":[{"count":1,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/9448\/revisions"}],"predecessor-version":[{"id":9450,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/posts\/9448\/revisions\/9450"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/media\/9449"}],"wp:attachment":[{"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/media?parent=9448"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/categories?post=9448"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omanet.om\/en\/wp-json\/wp\/v2\/tags?post=9448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}