Thursday 28 October 2021

EIG shortlisted as possible buyer for Aramco gas pipelines - sources | Reuters

EIG shortlisted as possible buyer for Aramco gas pipelines - sources | Reuters

U.S.-based energy investor EIG has been shortlisted as a potential buyer of Saudi Aramco's gas pipelines, part of a sale that could exceed $17 billion and is likely to be completed later this year, three sources familiar with the matter said.

Aramco (2222.SE) is looking to sell a significant minority stake in its gas pipelines, other sources have previously said.

In addition to EIG, private equity firms such Apollo could also be potential buyers, two of the sources said.

EIG, Aramco and Apollo did not immediately respond to requests from Reuters for comment.

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