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Two sources: Saudi Aramco’s shipping arm holds orders for LNG tankers

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  2. Two sources: Saudi Aramco’s shipping arm holds orders for LNG tankers

21 May 2020

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Two sources: Saudi Aramco’s shipping arm holds orders for LNG tankers

SINGAPORE (Reuters) – The Saudi National Shipping Company (SE: 4030) (Bahri), the shipping arm of Saudi Aramco, has suspended plans to lease up to 12 LNG carriers as of 2025, after a decision on moving forward with Great project for export in Texas.
The company issued an expression of interest last year to lease up to 12 ships as of 2025 for its first entry into the LNG sector.
Aramco (SE: 2222) declined to comment on the matter.

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Technical Economic Consulting Company was established in 2012, it was established by a team of investment professionals to become one of the leading investment companies to provide the best management consulting services to local international companies and institutions. Since its inception, the company has continuously expanded to become one of the largest leading consulting firms in the region through its branches located in the Arab world as well as representative offices in Europe.

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