Major Chinese Investors Could Buy Stake In Aramco ...Middle East

OILPRICE - Economy
Major Chinese Investors Could Buy Stake In Aramco
source : OILPRICE ( Middle East ) () 12
Major Chinese investors, including the sovereign wealth fund China Investment Corporation (CIC) and Chinese national oil companies, are the ones looking to buy a stake at the biggest oil company in the world, Saudi Aramco, Reuters sources said on Wednesday. Crown Prince Mohammed bin Salman had announced on Tuesday that Saudi Arabia was looking to sell 1% of its oil giant Saudi Aramco to “one of the leading energy companies in the world”. He did not specify which energy company. MbS also said it could sell additional Aramco shares to…

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