November 3, 2019 / 9:24 AM / 14 days ago

Saudi Aramco chairman says firm will continue to meet global oil supply demand post listing

Yasser al-Rumayyan, Saudi Aramco's chairman, speaks during a news conference at the Plaza Conference Center in Dhahran, Saudi Arabia November 3, 2019. REUTERS/Hamad I Mohammed

DHAHRAN, Saudi Arabia (Reuters) - Saudi Aramco’s chairman Yasser al-Rumayyan said on Sunday the state oil giant would continue to meet its global oil supply demand after it lists on the Riyadh bourse.

Rumayyan was speaking after Aramco kick-started its initial public offering (IPO) earlier on Sunday, officially announcing its intention to list on the domestic bourse, Tadawul. [nL8N27J02H]

Rumayyan also said the local listing was a reflection of a strong global position.

“Listing Aramco on Tadawul proves its strong position among global markets,” he told a news conference.

Reporting by Rania El Gamal and Marwa Rashad; Editing by Frances Kerry

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below