Aramco CEO: The company will invest $3.4 billion to expand its refinery in the US

Aramco CEO Amin Nasser said that the company will invest $3.4 billion to expand its refinery in the US, a move that reflects Aramco’s commitment to strengthening its presence in global markets, particularly in the integrated energy sector.

Nasser confirmed during his participation in the Saudi-US Investment Forum that the company will sign an agreement today with the American company Sempra to supply 6.2 million tons of liquefied natural gas annually, as part of the company’s plans to expand in this vital sector.

Nasser emphasized that the US is a key strategic partner for Aramco, noting that the company intends to sign a number of diverse agreements with American partners during the Saudi-US Investment Forum.