Oman's IGC Launches Auction for Compressed Natural Gas Projects

Oman's state-mandated natural gas aggregator and shipper, Integrated Gas Company (IGC), is launching an auction to allocate gas for compressed natural gas (CNG) projects. The initiative will make designated natural gas volumes available to qualified operators to develop and operate CNG projects across the Sultanate of Oman.

The company said that each bidder may request a maximum daily allocation of 200,000 standard cubic metres (SCM) of natural gas, with bids stating the required volume in SCM per day and its energy equivalent in MMBtu/day. IGC has identified Sohar, Muscat, Ibri, Duqm, and Salalah as indicative locations.

The auction represents a further evolution of IGC's approach to gas allocation and market flexibility. Successful bidders will assume full responsibility for financing, developing, building, operating, and maintaining their CNG facilities, including compression, storage, transportation, and unloading infrastructure.