Aramco has made an agreement to buy LNG from the Port Arthur LNG export project developed by San Diego-based Sempra Energy. The deal includes the purchase of 5 million tons of LNG per year and a 25% equity stake in the first phase of the multibillion-dollar project.

Saudi Aramco Makes its First Direct Investment in U.S. LNG Sector

Posted On: May 22, 2019

< 1 minute read

Aramco has made an agreement to buy LNG from the Port Arthur LNG export project developed by San Diego-based Sempra Energy.

The deal includes the purchase of 5 million tons of LNG per year and a 25% equity stake in the first phase of the multibillion-dollar project.

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