Saudi Aramco in Talks With U.S. LNG Companies to Boost Gas Profile, Reuters Reports
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--Saudi Arabia's national oil company Saudi Aramco is in talks with U.S. companies Tellurian and NextDecade regarding two separate liquefied natural-gas projects, Reuters reports, citing unnamed sources.
--Aramco is exploring buying a stake in Tellurian's Louisisana-based LNG plant, Driftwood, which has the capacity to produce 27.6 million metric tons a year.
--Concurrently, the company is in talks with NextDecade for a long-term LNG purchase deal.
--Saudi Aramco didn't immediately respond to a request for comment by Dow Jones Newswires.
Full story: https://tinyurl.com/ypdh2xs9
Write to Christian Moess Laursen at christian.moess@wsj.com
(END) Dow Jones Newswires
June 05, 2024 09:01 ET (13:01 GMT)
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