Oman expanded its LNG exports to Europe following the Russia-Ukraine war, capitalizing on a shift in global gas supply dynamics.
With a potential meeting between the U.S. President Donald Trump and his Russian counterpart Vladimir Putin in Saudi Arabia, doors could open for Russian gas exports to return, creating uncertainty for Oman’s position in the European market.
This note explores Oman’s LNG plans in case its market share and fiscal stability are threatened.
