LNG

Saudi Aramco, the world’s largest oil company aiming to issue shares in an initial public offering to be priced on December 5, plans to be a supplier and trader of liquefied natural gas and its first customer is expected to be Bangladesh.

Bangladesh has started up its second liquefied natural gas import facility deployment offshore the port of Cox’s Bazar and the floating storage and regasification unit, the  “Summit LNG”, has already sent gas into the Asian nation’s network.