Caturus inks LNG supply deal with Aramco: Report

US gas producer Caturus said its subsidiary, Commonwealth LNG, signed a 20-year agreement to supply one million tons per annum of LNG to Saudi Aramco from its proposed Louisiana export project, Reuters reported.

Caturus CEO David Lawler said, "This agreement highlights the strong international demand for US LNG and underscores how our longstanding relationships and capabilities position Caturus to serve global markets."

According to Argaam data, Aramco and Commonwealth LNG signed in January a long-term contract to supply Aramco with one million metric tons per year, Reuters reported, citing informed sources.

The agreement also includes an option for Aramco to double the volume to two million metric tons per year