• The agreement would see Aramco buy 5 million tons of liquefied natural gas per year from Sempra’s Port Arthur, Texas export terminal.
  • This would be Aramco’s first deal to buy LNG from the United States and advance the oil giant’s goal of becoming a major player in the growing global gas market.
  • If finalized, the deal would make it more likely that Sempra Energy gives the green light to its Port Arthur LNG facility.

 

 

Read the full article here
Source: CNBC

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