Saudi Aramco Hunts for More LNG Deals to Meet Surging Demand

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Saudi Aramco is looking for more acquisitions in LNG following a first-ever deal in the industry last month, as it sees growing demand for the fuel.

Aramco last week announced its entry into the market with the purchase of a stake in a company that’s acquiring interests in four Australian LNG projects. It will evaluate opportunities elsewhere too, said Aramco’s Upstream President Nasir Al-Naimi.