Saudi Aramco is said to pick JPMorgan, Goldman for gas pipeline deal
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The state energy giant is preparing to gauge interest in the assets from potential investors
July 13, 2021
Saudi Aramco has chosen JPMorgan Chase and Goldman Sachs Group to advise on the planned sale of a multibillion-dollar stake in its natural gas pipeline network, people familiar with the matter said.
The state energy giant is preparing to gauge interest in the assets from potential investors and could kick off the process soon, the people said, asking not to be identified because the information is private. It is likely to attract bids from infrastructure-focused funds, the people said.
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