Aramco Puts Gas Division in Gear for LNG Expansion Plans

Saudi Aramco is planning to create a new gas division as part of its preparations for major investments in liquefied natural gas (LNG).

This move could enable the company to sell a minority stake in the new gas business or list parts of it on the market, raising funds for overseas energy investments.

The creation of the gas division will give Aramco's gas business its own president, marking an important step in its expansion plans.