HOUSTON, Sept 17 (Reuters) - The world's largest oil
producer, Saudi Aramco, wants to become a major
liquefied natural gas player, the head of its natural gas
business said on Tuesday.
Saudi Aramco has taken the first steps to reach a goal of
becoming a major LNG player, said Abdulkarim Al-Ghamdi, an
Aramco executive vice president, at the GasTech energy
conference in Houston.
The Saudi oil giant last year acquired from EIG Global
Energy Partners LLC a minority stake in MidOcean Energy for $500
million, its first foray into LNG abroad. This month, it
increased its stake to 49%.