Aramco agrees LNG sale to S-Oil

Riyadh – Mubasher: The Saudi Arabian Oil Company (Saudi Aramco) has reportedly sold a liquefied natural gas (LNG) cargo to South Korea’s S-Oil Corporation, through its trading arm Aramco Trading Company.

The cargo was sold at around $4.40-$4.60 per million British thermal units (mmBtu) and will be delivered early March, Reuters reported citing unnamed sources.

Aramco recently agreed to supply LNG to Bangladesh as part of a $3 billion deal.

 

Mubasher Contribution Time: 22-Jan-2020 10:10 (GMT)
Mubasher Last Update Time: 22-Jan-2020 10:10 (GMT)