shale sale
BlackRock nears $10 billion deal in Saudi Aramco’s gas push
Jafurah is key to Aramco’s goal of boosting gas output by 60% by 2030, enabling the the kingdom to play a greater role in the global gas trade
Erik McGregor/LightRocket via Getty Images
Marquee at the main entrance to BlackRock headquarters building in Manhattan
Add The Circuit on GoogleU.S. asset manager BlackRock and its partners are close to reaching a deal to invest $10 billion in infrastructure tied to Saudi Aramco’s massive $100 billion Jafurah shale gas project.
This comes as Aramco looks to monetize assets...