In which sector of the energy market did Saudi Aramco make its first global deal?

A. Natural Gas
B. Renewable energy
C. Oil Production
D. Nuclear Energy

Answer

Correct Answer: A. Natural Gas

Detail about MCQs

Aramco has signed a definitive agreement to purchase a minority stake in liquefied natural gas (LNG) company MidOcean Energy in a deal valued at $500m (SR1.8bn). The Middle East oil and gas giant said the deal with MidOcean Energy marks its first global investment in LNG. Based in the US, MidOcean Energy is backed and managed by energy and infrastructure investment company EIG.

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