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Aramco signs crude oil pipeline deal with EIG for USD12.4B

Saudi Arabia’s oil giant Aramco has signed a USD12.4 billion deal with a consortium of investors led by Washington, D.C.-based EIG Global Energy Partners for an equity stake in newly formed Aramco Oil Pipelines Co. Aramco will own a 51% stake in the newly formed company, which will lease usage rights in Aramco’s crude oil […]

The post Aramco signs crude oil pipeline deal with EIG for USD12.4B appeared first on F&L Asia.

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