Aramco Could Sell 1% Stake To 'Leading Global Energy Company' ...Middle East

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Aramco Could Sell 1% Stake To Leading Global Energy Company
source : OILPRICE ( Middle East ) () 13
The government of Saudi Arabia is negotiating the sale of a 1-percent stake in Aramco to a "leading global energy company", according to Crown Prince Mohammed, as quoted by Bloomberg. The deal, according to the Crown Prince, could fetch up to $19 billion and would help Aramco to secure future demand for its crude. "I don't want to give any promises about deals finalizing, but there are discussions happening right now about a 1 per cent acquisition by one of the leading energy companies in the world," Mohammed said. "This deal could be very…

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