An global investor consortium, led by affiliates of BlackRock and Hassana, has announced the successful closing of a lease and leaseback deal worth $15.5 billion with oil giant Aramco, which will see it acquire 49% stake in Aramco Gas Pipelines Company.
Saudi Aramco closed a deal to sell a stake in its natural-gas pipelines for $15.5 billion and entered into a pact with BlackRock Inc. to explore low carbon energy projects.The post Aramco closes $15.5 billion BlackRock-led gas pipeline deal appeared first on Energy Voice.
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