LNG

Saudi Aramco, the company with LNG plans and behind the global energy turmoil because of the Saudi government pledge to increase crude oil production, still has its shares trading at a high level of 30.90 riyals ($8.24) on the Saudi Tadawul stock exchange.

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.