Saudi Aramco in Talks with Commonwealth LNG for Offtake Agreement - Reuters (ET:NYSE)

Saudi Aramco in talks with Commonwealth LNG for offtake agreement - Reuters (ET:NYSE)

Saudi Aramco in talks with Commonwealth LNG for offtake agreement

Saudi Aramco in talks to buy LNG from US company

Oil major Saudi Aramco is in talks with Commonwealth LNG to buy liquefied natural gas from the US company’s proposed facility in Cameron, Louisiana. The company intends to strengthen its position in the market for the superchilled fuel, four people told Reuters on Wednesday. The talks are for two million tonnes per annum (mtpa), two of the people said. Aramco and Commonwealth LNG did not immediately respond to Reuters requests for comment. If a …

Saudi Aramco Eyes U.S. LNG with Commonwealth LNG Talks: What It Means for Volumes and Financials

Saudi Aramco, the world’s largest oil exporter, is making waves in the liquefied natural gas (LNG) market with advanced negotiations to secure 2 million tonnes per annum (Mtpa) of LNG from Commonwealth LNG’s terminal in Cameron, Louisiana, according to an exclusive Reuters report. This move signals Aramco’s strategic pivot to diversify its energy portfolio and tap into the booming U.S. Gulf Coast LNG export market. But what could this deal mean …

Saudi Aramco in talks to buy vast amounts of LNG from Louisiana facility

Oil giant Saudi Aramco is in talks with Commonwealth LNG to buy liquefied natural gas from the U.S. company’s proposed facility in Cameron as it seeks to strengthen its position in the market for the superchilled fuel, Reuters writes.  The talks are for 2 million tons per annum (mtpa), sources tell Reuters. Aramco and Commonwealth LNG did not immediately respond to Reuters requests for comment. If a deal is struck, it will bring Commonwealth LNG…

Oil Giant Saudi Aramco in Talks with Commonwealth LNG for Offtake Agreement, Sources Say

Commonwealth LNG has said it plans to get to a final investment decision on its proposed plant in Cameron, Lousiana, by the end of the year.