Saudi Aramco is set to sign two major liquefied natural gas (LNG) supply agreements in the US next week with Woodside Energy and Commonwealth LNG, according to sources cited by Reuters.

These deals, expected to be finalized during Crown Prince Mohammed bin Salman’s visit to Washington, significantly advance Aramco’s ambition to become a dominant player in the global LNG market.

These transactions move Aramco closer to its target capacity of 20 million tonnes per annum (mtpa) of LNG, adding to the 4.5 mtpa already in progress, which includes a 20-year purchase agreement with NextDecade for 1.2 mtpa from the Rio Grande LNG project.

The new agreements would add up to 4 mtpa of US LNG supply to Aramco’s portfolio. Specifically, Aramco would secure up to 2 mtpa of LNG from Commonwealth LNG’s planned 9.5 mtpa facility in Cameron, Louisiana.

A parallel deal with Woodside Energy includes acquiring a stake in the company’s $17.5 billion Louisiana LNG project, alongside an offtake agreement for up to another 2 mtpa.

For Commonwealth LNG, the supply agreement is a critical step, bringing the company closer to selling its targeted 8 mtpa ahead of a final investment decision (FID) later this year. The company is developing the US’s first integrated LNG export facility. Woodside has already given final approval for its three-train, 16.5 mtpa project, scheduled to begin production in 2029.

According to Reuters, Aramco declined to comment on the potential deals. Woodside referenced an earlier collaboration agreement to explore joint opportunities, and Commonwealth LNG did not immediately respond to a request for comment.