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Tuesday, March 19, 2024

Saudi MBS wants more for Saudi Aramco’s LNG portfolionote

Saudi Aramco is looking to expand its LNG footprint by investing in several gas projects worldwide.

Riyadh wants to diversify into LNG quickly in order not to further lose LNG market share to regional rivals.

Despite Aramco’s ongoing expansion, Saudi Crown Prince Mohammad Bin Salman (MBS) expressed concerns over Aramco’s LNG policy.

The following note delves into:

- The LNG projects Aramco is interested in

- MBS' concerns with Aramco LNG policy

- The regional companies MBS is looking to outlast

- His views on the U.S. LNG export license halt

The note also sheds light on MBS’ ambitions for the country’s LNG portfolio.


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