Saudi Aramco to sign US LNG agreements during crown prince’s visit to Washington, sources say

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Saudi Aramco wants to become a major liquefied natural gas player, especially in the US as its LNG capacity nearly doubles.

Sources familiar with the matter told Reuters that Saudi Aramco is set to sign two U.S. liquefied natural gas supply deals. This is with Woodside Energy and Commonwealth LNG when Saudi Arabia’s Crown Prince Mohammed bin Salman visits Washington next week.

Saudi Aramco, the world’s largest oil exporter, wants to become a major liquefied natural gas player. This is especially in the United States, where they will almost double LNG capacity over the next four years.

It has already signed deals with other U.S. players, including NextDecade’s Rio Grande LNG.

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Source: Oil & Gas 360

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