In new step for the kingdom, Saudi Aramco moves to buy LNG from U.S.-based Sempra Energy
Saudi Arabia has set up a deal to purchase U.S. liquefied natural gas from Sempra Energy, a new strategic direction for the kingdom as it seeks to establish a footprint in the growing global market for the fuel.
Saudi Arabian Oil Co., known as Aramco, plans to purchase gas from San Diego-based Sempra Energy’s Port Arthur project in Texas, the companies said Wednesday, confirming an earlier Wall Street Journal report.
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