Saudi Aramco and Sempra Energy advance plans for Texas LNG facility
The initial phase of the Port Arthur LNG project is fully permitted and is expected to include two liquefaction trains, up to three LNG storage tanks and associated facilities to enable the export of approximately 11m tonnes a year of LNG on a long-term basis
Speculation has arisen over Saudi Aramco’s decision to enter the natural gas market, especially after reports in early December that Bahri — the Arab firm’s shipping arm — issued an expression of interest to charter up to 12 liquefied natural gas tankers from 2025