(EnergyAsia, June 29 2017, Thursday) — Saudi Arabia’s hopes for a lofty market valuation of soon-to-be-listed state energy firm Aramco has been boosted by a consulting firm’s decision to raise the kingdom’s recoverable oil reserves by more than 26%.
SAUDI ARABIA: Aramco’s hope for higher IPO valuation boosted by reserves upgrade
Posted on June 29, 2017 by EnergyAsia