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Aramco agrees LNG sale to S-Oil

Aramco agrees LNG sale to S-Oil
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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.