Saudi Aramco raises $12.4 billion from oil pipeline deal

EIG-led consortium to take 49% stake in newly established Aramco subsidiary

Landmark deal: Saudi Aramco chief executive Amin Nasser — Landmark deal: Saudi Aramco chief executive Amin NasserPhoto: AFP PHOTO/HO/ARAMCO

Amanda Battersby

Singapore

Saudi Aramco Saudi Arabia Amin Nasser Mubadala Investment Company Aramco Oil Pipelines Company

Published 11 April 2021, 14:41Updated 12 April 2021, 12:33