Aramco advances plan to lease out pipelines
The cash-strapped Saudi NOC is looking to replicate the recent divestment success of its Emirati counterpart Adnoc
While Aramco has paused talks on several large commercial transactions, it is proceeding with plans to cash in on its pipeline business. Several high-profile projects were put on hold or cancelled altogether during the first half of the year as the company sought to maintain operations while safeguarding its highly publicised dividend. Reports first emerged in March that the Dhahran-based company would look to offload a stake in the infrastructure in a deal worth around $10bn. However, the proposed agreement will not be a sale as was widely reported at the time. Instead, Petroleum Economist understands Aramco will lease, for a period of up to 25 years, a stake in the pipelines to a group of
Also in this section
9 January 2026
The Latin American producer’s crude prospects rely on a multi-pronged approach where even the relatively easy wins will take considerable time, effort and cost
9 January 2026
While many forecasters are reasserting the importance of oil and gas, petrostates should be under no illusion things are changing, and faster than they might think
8 January 2026
Indonesia and Malaysia are at the dawn of breathtaking digital capabilities. Their energy infrastructure must keep up with their ambitions
8 January 2026
The next five years will be critical for the North Sea, and it will be policy not geology that will decide the basin’s future
