Saudi Aramco plans new gas division ahead of LNG expansion
The move could enable Aramco to sell a minority stake in the new gas business or list parts of it to raise money for overseas energy investments
AYEZ NURELDINE/AFP via Getty Images
Aramco tower in Riyadh's King Abdullah Financial District
Saudi Aramco, the world’s biggest oil exporter, plans to create a gas division, giving the business its own president and preparing for major investments in LNG.
The overhaul could pave the way for Aramco to sell a...