Saudi Arabia’s Aramco made its first international investment in LNG last year to capitalize on rising LNG demand. In September 2023, Aramco agreed to buy a minority stake in MidOcean Energy, the LNG unit of US-based energy investor EIG for $500 million. Aramco recently also entered into a deal to increase its interest in MidOcean to 49 … Continue reading Aramco working on further LNG expansion