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
- Shareholders’ Resolution: MOL to pay $668-MM dividend
- Credit Agricole says it will not fund two major LNG projects
- Aramco awards $7.7-B contracts to add 1.5 Bscfd of raw gas to Fadhili Gas Plant
- Japan's JERA suspends output at 4 gas-fired power plants to secure LNG stocks
- TotalEnergies: Papua LNG project requires 'more work' to reach final investment decision
- Technip Energies awarded a major LNG contract for the North Field South Project by QatarEnergy
- QatarEnergy to charter 19 new LNG vessels expanding fleet further
- Aramco awards $7.7-B contracts to add 1.5 Bscfd of raw gas to Fadhili Gas Plant
- Mabanaft announces successful acquisition of WESTFA Energy GmbH
- Shell exits China power market businesses, renews focus on natural gas
Comments