Saudi Aramco has signed a $15.5 billion lease and leaseback deal with BlackRock Real Assets and Hassana Investment for their gas pipeline network. The newly formed Aramco Gas Pipelines Company will lease usage rights on the gas pipelines and lease them back to Aramco for 20-years. In return for the lease, Aramco Gas Pipelines will receive a tariff for the products.
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12/7/2021 - Saudi Aramco Signs $15.5... (subscriber access)
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