Saudi Aramco's shipping arm Bahri has put on hold its plans to charter up to 12 liquefied natural gas (LNG) tankers from 2025, following a delay in a decision to go ahead with a large export project in Texas, two sources said.
The firm issued an expression of interest (EOI) last year to charter up to 12 vessels from 2025 in its first foray into LNG.
Aramco declined to comment on the matter.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!