Reuters: Saudi Aramco in U.S. Supply Talks with Commonwealth LNG ...Middle East

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Reuters: Saudi Aramco in U.S. Supply Talks with Commonwealth LNG
source : OILPRICE ( Middle East ) () 21
Saudi Aramco is in advanced talks to acquire 2 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) from the U.S.-based Commonwealth LNG terminal in Cameron, Louisiana, according to an exclusive Reuters reported on Wednesday. The potential deal would further cement Aramco’s push into the global LNG market as it accelerates efforts to diversify beyond crude oil exports. According to unnamed sources briefed on the matter and cited by Reuters, the proposed offtake agreement would bring Commonwealth’s contracted volume to 7 Mtpa…

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