Large volumes of natural gas have been found in the Red Sea, according to the official Saudi Press Agency (SPA) which quoted Saudi Arabia’s Energy Minister Khalid al-Falih as saying. Saudi oil giant Aramco is considering opportunities for acquisitions of liquefied natural gas (LNG) projects in the United States, al-Falih has also said, according to a Reuters summary of SPA’s news item. In January this year, Saudi Aramco’s chief executive Amin Nasser told Reuters in an interview that the oil firm was looking to spend billions of U.S. dollars on natural gas acquisitions in the United States as part of Aramco’s strategy to bolster its gas business and become a global natural gas player. Last week, Nasser said at an industry event in London that Saudi Arabia aims to export as much as 3 billion cubic feet of gas per day by 2030 as part of its goal to […]