EXCLUSIVE-Major Chinese investors in talks to take Aramco stake -sources

US aramco investors chinese exclusive
Gulf
  • Date: 29-Apr-2021
  • Source: Zawya
  • Sector: Economy
  • Country: Gulf
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EXCLUSIVE-Major Chinese investors in talks to take Aramco stake -sources

Sovereign wealth fund China Investment Corporation (CIC) was among those that could invest, two sources told Reuters.

Aramco was talking to CIC, as well as Chinese national oil companies, said one of the sources close to CIC. None of the Chinese companies could be reached immediately for comment.

Aramco had been in touch with Chinese investors for a few years and CIC is the most likely investor, said the second source with a state-backed private equity fund.

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