Aramco in talks with Sinopec and TotalEnergies for $10-B gas deal
5/2/2023
(Reuters) - Saudi Arabian oil giant Aramco is in talks with refining giant Sinopec Corp and French oil major TotalEnergies for a gas deal of about $10 B, Bloomberg News reported on Tuesday, citing people familiar with the matter.
Sinopec and TotalEnergies are in separate discussions to invest in the Jafurah development in Saudi Arabia, the report said, adding that the plans may include the construction of facilities to export the fuel as liquefied natural gas.
Aramco, Sinopec and TotalEnergies did not immediately respond to Reuters requests for comment.
Related News
Related News
Sign up to Receive Our Newsletter
- Digital Exclusive: Evolving pressure relief valve designs protect LNG facilities
- JGC-Hyundai JV awarded EPC contract for major low-carbon LNG plant project in Papua New Guinea
- TC Energy approves $1.5-B Columbia Gas expansion after profit tops estimates
- NextDecade to use Honeywell liquefaction technology for 30-MMtpy LNG terminal
- Wärtsilä continues to expand its data center footprint with new 790 MW order in Texas
Comments