US EditionAramco Considers Power Asset Sale to Raise $4bn
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Large European gas companies will do well to put themselves on guard: according to information filtered by Reuters, Saudi Arabia’s state oil company Aramco is considering the sale of up to five gas-fired power plants as part of a larger effort to capture billions of dollars in liquidity. The agency, citing “sources with knowledge of the matter,” specifies that the possible sale of four or five gas-fired power plants that supply refineries could …
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