Logo ofSaudi Aramco
Saudi Aramco is considering selling a stake in its oil export and storage terminals as part of broader plans to divest several assets, Bloomberg reported, citing informed sources. 
Aramco has asked banks to submit proposals for roles in feasibility studies for potential asset sales, which could generate more than $10 billion.
The company is exploring options that may include issuing new shares through the transaction and could pursue a structure similar to the recent leasing deal tied to the Jafurah gas project.
According to one source, the planned sale has attracted interest from companies around the world. Bankers have put forward several asset-sale proposals in response to growing investor demand.
The source added that Aramco’s terminal operations are considered highly profitable assets, and the company could launch a formal sale process early next year.
Some sources also said that Aramco is simultaneously studying the sale of part of its real estate portfolio, which is expected to be worth several billion dollars.
Discussions remain at an early stage and no final decisions have yet been made.
Logo ofSaudi Aramco
Saudi Aramco is considering selling a stake in its oil export and storage terminals as part of broader plans to divest several assets, Bloomberg reported, citing informed sources.
Aramco has asked banks to submit proposals for roles in feasibility studies for potential asset sales, which could generate more than $10 billion.
The company is exploring options that may include issuing new shares through the transaction and could pursue a structure similar to the recent leasing deal tied to the Jafurah gas project.
According to one source, the planned sale has attracted interest from companies around the world. Bankers have put forward several asset-sale proposals in response to growing investor demand.
The source added that Aramco’s terminal operations are considered highly profitable assets, and the company could launch a formal sale process early next year.
Some sources also said that Aramco is simultaneously studying the sale of part of its real estate portfolio, which is expected to be worth several billion dollars.
Discussions remain at an early stage and no final decisions have yet been made.
