LNG

The Saudi Arabian Oil Company, Saudi Aramco, has completed one of the world’s largest ever energy infrastructure deals worth $12.4 billion with a consortium led by Washington DC-based EIG Global Energy Partners, an investor in LNG plant and feed-gas operators such as Cheniere Energy and Kinder Morgan.

Cosco Shipping Energy Transportation, the biggest Chinese owner and operator of oil and gas vessels and with a growing number of over 40 liquefied natural gas carriers in its fleet, has approved an investment in three LNG carriers for the Russian Arctic LNG II project of Novatek and its partners.