Saudi Aramco Seeks Investors For $110 Billion Unconventional Gas Project ...Middle East

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Saudi Aramco Seeks Investors For $110 Billion Unconventional Gas Project
Saudi Aramco is in early-stage talks with potential equity investors that would help fund a huge $110 billion unconventional gas field development in the Kingdom, sources with knowledge of the negotiations told Bloomberg on Monday.    Aramco is seeking investors to back the field development of Jafurah, the largest non-associated gas field in Saudi Arabia, as the world’s top crude oil exporter looks to develop its gas assets to reduce dependence on oil for power generation and free up more crude for exports. Saudi oil giant Aramco…

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