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RIYADH — Saudi Aramco said it has signed a $15.5 billion lease and leaseback agreement for its gas pipeline network with a consortium led by BlackRock Real Assets and Hassana Investment Company in its second major infrastructure deal this year.The deal signed on Monday underscores how Aramco is seeking to monetise its once-untouchable assets to generate revenue for the Saudi
Saudi Aramco said it has signed a $15.5 billion lease and leaseback agreement for its gas pipeline network with a consortium led by BlackRock Real Assets and Hassana Investment Company in its second…
Deal underscores how Aramco is seeking to monetise its once-untouchable assets to generate revenue for Saudi govt
Saudi Aramco said it has signed a $15.5 billion lease and leaseback agreement for its gas pipeline network with a consortium led by BlackRock Real Assets and Hassana Investment Company in its second major infrastructure deal this year.
Following the deal, Aramco will hold a 51 percent stake in newly formed subsidary Aramco Gas Pipeline Company and sell a 49 percent stake to investors.