Saudi Aramco Set to Sign U.S. LNG Supply Deals as Crown Prince Visits Washington
Saudi energy giant plans to agree two major U.S. liquefied natural gas deals during Crown Prince Mohammed bin Salman’s visit to the United States next week
Saudi Arabia’s state-owned energy company, Saudi Aramco, is poised to sign two major liquefied natural gas (LNG) supply agreements in the United States during Crown Prince Mohammed bin Salman’s upcoming visit to Washington, according to industry sources.
The first deal would involve U.S. developer Commonwealth LNG’s Cameron, Louisiana facility, where Aramco is expected to secure up to two million tonnes per annum (mtpa) of LNG supply.
Commonwealth LNG is advancing a project that could reach 9.5 mtpa of capacity, and the Aramco agreement would bring the offtake total to around 8 mtpa.
The second agreement is expected to involve Australian-listed Woodside Energy’s Louisiana LNG project, valued at approximately 17.5 billion dollars (USD).
Through this deal Aramco plans to acquire a stake in the project and secure up to two mtpa of LNG supply from Woodside’s three-train, 16.5 mtpa development in Louisiana, which targets first production by 2029.
Aramco has publicly declared ambitions to become a major LNG player and aims to reach a global LNG capacity target of around 20 mtpa, with 4.5 mtpa already in progress.
The U.S. market, which is set to nearly double its export capacity over the next four years, represents a strategic growth front for the company.
The timing of the agreements aligns with the Crown Prince’s state visit and broader U.S.–Saudi energy and investment diplomacy.
Analysts note that formalising U.S. LNG deals strengthens Saudi diversification beyond crude oil, underlines Aramco’s downstream strategy and reinforces bilateral ties.
While neither Aramco, Woodside nor Commonwealth LNG have publicly confirmed the exact terms, prior non-binding collaboration agreements between Aramco and Woodside (signed at the Saudi-U.S. Investment Forum) have laid the groundwork for joint equity and offtake arrangements in Louisiana.
In context, U.S.-Saudi investment frameworks are increasingly converging: earlier this year Aramco signed a 20-year supply agreement with NextDecade to purchase 1.2 mtpa of LNG from its Rio Grande export terminal, signifying the company’s deepening U.S. engagement.
For Aramco the upcoming deals underscore the company’s pivot toward global gas markets and low-carbon energy pathways — a diversification imperative under Saudi Arabia’s Vision 2030. They also mark an important moment for U.S. LNG diplomacy, where Gulf capital meets U.S. energy infrastructure in a strategic manufacturing and trade alliance.
With the Crown Prince’s visit offering a high-profile platform, the formal signing of these supply agreements would be both a commercial milestone and a diplomatic signal of U.S.–Saudi partnership in energy transition and global LNG markets.
The first deal would involve U.S. developer Commonwealth LNG’s Cameron, Louisiana facility, where Aramco is expected to secure up to two million tonnes per annum (mtpa) of LNG supply.
Commonwealth LNG is advancing a project that could reach 9.5 mtpa of capacity, and the Aramco agreement would bring the offtake total to around 8 mtpa.
The second agreement is expected to involve Australian-listed Woodside Energy’s Louisiana LNG project, valued at approximately 17.5 billion dollars (USD).
Through this deal Aramco plans to acquire a stake in the project and secure up to two mtpa of LNG supply from Woodside’s three-train, 16.5 mtpa development in Louisiana, which targets first production by 2029.
Aramco has publicly declared ambitions to become a major LNG player and aims to reach a global LNG capacity target of around 20 mtpa, with 4.5 mtpa already in progress.
The U.S. market, which is set to nearly double its export capacity over the next four years, represents a strategic growth front for the company.
The timing of the agreements aligns with the Crown Prince’s state visit and broader U.S.–Saudi energy and investment diplomacy.
Analysts note that formalising U.S. LNG deals strengthens Saudi diversification beyond crude oil, underlines Aramco’s downstream strategy and reinforces bilateral ties.
While neither Aramco, Woodside nor Commonwealth LNG have publicly confirmed the exact terms, prior non-binding collaboration agreements between Aramco and Woodside (signed at the Saudi-U.S. Investment Forum) have laid the groundwork for joint equity and offtake arrangements in Louisiana.
In context, U.S.-Saudi investment frameworks are increasingly converging: earlier this year Aramco signed a 20-year supply agreement with NextDecade to purchase 1.2 mtpa of LNG from its Rio Grande export terminal, signifying the company’s deepening U.S. engagement.
For Aramco the upcoming deals underscore the company’s pivot toward global gas markets and low-carbon energy pathways — a diversification imperative under Saudi Arabia’s Vision 2030. They also mark an important moment for U.S. LNG diplomacy, where Gulf capital meets U.S. energy infrastructure in a strategic manufacturing and trade alliance.
With the Crown Prince’s visit offering a high-profile platform, the formal signing of these supply agreements would be both a commercial milestone and a diplomatic signal of U.S.–Saudi partnership in energy transition and global LNG markets.
