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Saudi Aramco is in talks with US firms Tellurian and NextDecade on two separate LNG projects, Reuters reported today, June 4.
The world’s largest oil exporter is in talks with Tellurian to buy a stake in Driftwood LNG plant, which has a production capacity of 27.6 million tons annually. The project is located near Lake Charles in Louisiana.
For more news and details on the projects
Aramco is also negotiating with NextDecade to enter into a long-term agreement to buy gas from a proposed fifth processing unit at its $18 billion Rio Grande facility.
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