Saudi Aramco has signed 17 preliminary agreements, valued more than $30 billion, during the US-Saudi Investment Forum in Washington. Projects include a potential investment in Lake Charles LNG, along with several equity and offtake agreements with US LNG developers as Aramco wants to secure an additional 20 mtpa in supply.

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An energy forecast through to 2040 by the United States government suggests natural gas consumption will grow by 1.9 per annum, backed by abundant shale gas resources and robust production.

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The US government is organizing a first meeting to help draw up future regulatory changes for the transportation of liquefied natural gas on the nation’s highways, railroads and waterways and to imporve safety for production and other infrastructure.

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