Saudi Aramco Could Raise $4 Billion From Power Plant Sales

Saudi Aramco Could Raise $4 Billion From Power Plant Sales

Under pressure to increase payouts to Saudi Arabia, the Kingdom’s state oil giant Aramco is considering selling up to five gas-fired power plants in deals that could raise some $4 billion, sources familiar with the plans told Reuters on Friday. Aramco has seen profits – and payouts to the Kingdom – decline this year with the slide in oil prices compared to last year’s levels. Saudi Arabia relies on income from oil exports and Aramco’s dividend p…

Saudi Aramco is said to weigh sale of power assets to raise billions

Liquidity-Struck Aramco Considers Selling Saudi Power Plants - Economic Scenarios

Under pressure to increase payments to Saudi Arabia, the kingdom's state-owned oil giant Aramco is considering selling up to five gas-fired power plants in deals that could fetch about $4 billion, sources familiar with the matter told Reuters on Friday. Aramco has seen its profits – and payments to the kingdom – decline this year as oil prices fall from last year’s levels. Saudi Arabia relies on oil export revenues and dividends from Aramco to f…

Saudi Aramco Considers Power Assets Sale to Raise Billions, Sources Say - Energy News, Top Headlines, Commentaries, Features & Events

(Reuters) – Saudi oil giant Aramco is looking to sell up to five gas-fired power plants, three sources with knowledge of the matter told Reuters, part of a broader effort to free up funds that could generate tens of billions of dollars. The potential sale of four or five gas-fired plants that power refineries could ...

Aramco considers power assets sale to raise billions

Power plants could be sold Pressure to increase profits Utilities might be interested buyers Saudi Aramco is considering selling up to five gas-fired power plants, sources with knowledge of the matter told Reuters, part of a broader effort to free up funds that could generate tens of billions of dollars. The potential sale of four or five gas-fired plants that power refineries could alone raise around $4 billion as the Saudi government pushes Ar…

Saudi Aramco Looking to Sell Power Assets to Raise Billions – Reuters

Riyadh July 4 2025: Saudi oil giant Aramco (2222.SE) is looking to sell up to five gas-fired power plants, three sources with knowledge of the matter told Reuters, part of a broader effort to free up funds that could generate tens of billions of dollars. The potential sale of four or five gas-fired plants that power refineries could alone raise around $4 billion as the Saudi government pushes Aramco to increase profits and payouts to the state, …