{"id":129363,"date":"2021-06-18T21:23:11","date_gmt":"2021-06-18T21:23:11","guid":{"rendered":"https:\/\/precoinnews.com\/?p=129363"},"modified":"2021-06-18T21:23:11","modified_gmt":"2021-06-18T21:23:11","slug":"eig-led-consortium-closes-12-4-billion-aramco-pipelines-deal","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/markets\/eig-led-consortium-closes-12-4-billion-aramco-pipelines-deal\/","title":{"rendered":"EIG-led consortium closes $12.4 billion Aramco pipelines deal"},"content":{"rendered":"<figcaption>FILE PHOTO: General view of Aramco tanks and oil pipe at Saudi Aramco&#8217;s Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. REUTERS\/Ahmed Jadallah<\/figcaption><p>(Reuters) &#8211; U.S.-based EIG Global Energy Partners said on Friday a consortium it led has closed a deal to buy 49% of Saudi oil producer Aramco\u2019s pipelines business for $12.4 billion.<\/p>\n<p>EIG said the co-investment process for the deal attracted a global group of investors from China, Saudi Arabia, Korea, the United Arab Emirates and the United States.<\/p>\n<p>It included Abu Dhabi\u2019s Mubadala Investment Company, Silk Road Fund, Hassana and Samsung Asset Management, the company said.<\/p>\n<p>Source: <a href=\"https:\/\/www.reuters.com\/article\/saudi-aramco-pipeline-eig\/eig-led-consortium-closes-12-4-bln-aramco-pipelines-deal-idUSL3N2O03OP\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FILE PHOTO: General view of Aramco tanks<\/p>\n","protected":false},"author":3,"featured_media":129362,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23054],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - 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