May 25, 2018 / 11:00 AM / a month ago

Saudi minister Falih says Aramco IPO likely in 2019

ST PETERSBURG (Reuters) - Saudi Arabia is most likely to hold the initial public offering (IPO) of oil giant Aramco in 2019, Energy Minister Khalid al-Falih said on Friday, confirming a delay from the initial plan to list the company this year.

FILE PHOTO: Logo of Saudi Aramco is seen at the 20th Middle East Oil & Gas Show and Conference (MOES 2017) in Manama, Bahrain, March 7, 2017. REUTERS/Hamad I Mohammed/File Photo

Reporting by Dmitry Zhdannikov; Editing by David Goodman

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