Saudi Aramco Looks to Buy Into U.S. LNG Project ...Middle East

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Saudi Aramco Looks to Buy Into U.S. LNG Project
Saudi Aramco is in discussions with U.S. LNG developers to buy a stake in one planned project and sign a long-term LNG offtake deal from another proposed export facility, Reuters reports, citing sources close to the talks. Aramco, the world’s top crude exporter and the world’s biggest oil firm, has been seeking a greater role on the global LNG market as it plans to ramp up its natural gas production and trading business. Last autumn, Saudi Aramco entered the global LNG business by signing a deal to buy a minority stake…

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