2018-11-12
The initial public offering of the state-owned oil product will "definitely" take place when circumstances become appropriate, said chief executive of the Saudi Aramco, Amine al-Nasser.
 
He said at a conference in Abu Dhabi that Saudi Aramco was still in discussions to buy a stake in the petrochemicals company Saudi Basic Industries Corporation (SABIC) from the Kingdom's sovereign wealth fund, the Public Investment Fund.