As GCC leaders lined as much as pledge greater than $3 trillion in investments and commerce offers with the US throughout President Donald Trump’s regional tour this week, the US’ burgeoning LNG export sector is attracting appreciable consideration. “We’re increasing in LNG, and the US is known as a good place to place our funding,” Aramco CEO Amin Nasser instructed the Saudi-US Funding Discussion board in Riyadh this week, and his agency is way from alone.
Adnoc, by XRG, and QatarEnergy have already finalized investments in large-scale under-development LNG export terminals, placing them forward of Aramco within the race. Certainly, QatarEnergy was by far the earliest mover, having agreed in 2014 to transform its Golden Go LNG import terminal (QatarEnergy 70%, ExxonMobil 30%) into an export terminal (MEES, 11 July 2014). (CONTINUED – 817 WORDS)
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