World & BusinessSaudi Aramco plans standalone gas division ahead of LNG expansion
The Circuit reports that the proposed division would have its own president as Aramco prepares for major investments in liquefied natural gas.
TLDR
Saudi Aramco plans a standalone gas division alongside upstream and downstream, Inspenet reports, citing Reuters. The Circuit says the gas business would have its own president. It also reports that the move could enable Aramco to sell a minority stake in the new business or list parts of it to raise money for overseas energy investments.
Saudi Aramco plans standalone gas division ahead of LNG expansion
The Circuit reports that the proposed division would have its own president as Aramco prepares for major investments in liquefied natural gas.
