GIP news

Train 4 will add 6 Mtpa capacity by 2030, financed 40% equity, 60% debt. TotalEnergies to offtake 1.5 Mtpa, boosting U.S. LNG export capacity to over 16 Mtpa.

The deal involves leasing Jafurah gas assets, boosting gas production by 60% by 2030. Aramco retains 51% stake, with GIP and others holding 49%. The transaction supports asset optimization.