{"id":412625,"date":"2021-04-29T08:51:36","date_gmt":"2021-04-29T03:21:36","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=412625"},"modified":"2021-04-29T09:30:11","modified_gmt":"2021-04-29T04:00:11","slug":"saudis-in-talks-to-sell-aramco-stake-to-global-energy-firm","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/saudis-in-talks-to-sell-aramco-stake-to-global-energy-firm\/","title":{"rendered":"Saudis in Talks to Sell Aramco Stake to Global Energy Firm"},"content":{"rendered":"<p>Saudi Arabia\u2019s crown prince said the kingdom is in talks to sell a 1% stake in state oil giant Saudi Aramco to a \u201cleading global energy company\u201d as he forecast an economic rebound after the coronavirus pandemic. <\/p>\n<p>The kingdom is looking at the potential sale &#8212; which could be worth about $19 billion, based on the company\u2019s market value &#8212; as a way to lock in customer demand for the country\u2019s crude, Crown Prince Mohammed Bin Salman said in a rare interview on a Saudi television channel late Tuesday. While providing few details on which company is involved in the talks, he said the sale could take place in the next two years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saudi Arabia\u2019s crown prince said the kingdom is in talks to sell a 1% stake in state oil giant Saudi Aramco to a \u201cleading global energy company\u201d as he forecast an economic rebound after the coronavirus pandemic. The kingdom is looking at the potential sale &#8212; which could be worth about $19 billion, based on the company\u2019s market value &#8212; as a way to lock in customer demand for the country\u2019s crude, Crown Prince Mohammed Bin Salman said in a rare interview on a Saudi television channel late Tuesday. While providing few details on which company is involved in the [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-412625","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/412625","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=412625"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/412625\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=412625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=412625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=412625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}