Officials work to convince world Saudi Aramco still a good bet | Financial Times:
When Saudi Arabia’s officials outlined plans to restore output to maximum capacity after attacks that set two major oil facilities ablaze on Saturday, they were also tasked with convincing the world that the national oil company Saudi Aramco was investable.
Energy minister Prince Abdulaziz bin Salman told reporters Saudi Aramco had “come out like a phoenix from the ashes”, while chief executive Amin Nasser said its swift recovery showed it to be “the most reliable company in the world”.
The message was aimed at potential investors in the long-awaited Saudi Aramco initial public offering, with Riyadh determined to float shares even after the largest attack on the country’s infrastructure.
No comments:
Post a Comment