Is This The Beginning Of A Reconciliation Between The U.S. And Saudi Arabia?
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The signing of a 20-year deal for the U.S.’s NextDecade Corporation to sell liquefied natural gas (LNG) to Saudi Arabia’s flagship company, Aramco, could have a significance way beyond the confines of the energy market. Following Russia’s invasion of Ukraine on 24 February 2022, LNG is now the key strategic energy source in an increasingly dangerous world, as analysed in full in my new book on the new global oil market order. Unlike oil or gas that is transported through pipelines, LNG does not require years and vast expense…
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