Friday 3 June 2016

Saudi to retain key decision-making for Aramco after IPO - FT.com

Saudi to retain key decision-making for Aramco after IPO - FT.com:

"Khalid Al Falih, Saudi Arabia’s oil minister and chairman of the country’s state energy giant, said the government will make sovereign decisions on production and capacity even after a public offering of Saudi Aramco.
Speaking to reporters on the sidelines of his first Opec meeting in Vienna, Mr Al Falih said any minority investor would be buying into the relationship between the Saudi government and the world’s largest oil producer."



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