News
23 January 2020

Aramco eyes acquisition loan for Port Arthur LNG interest

In:
Oil & gas

Saudi Aramco is seeking a 25% stake in the Port Arthur LNG scheme in Texas, with the aim of buying five million tonnes of LNG per year from the facility. Aramco is rumoured to be eyeing up an acquisition loan and project finance to fund the purchase. Once fully operational, the project is expected...

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