March 7, 2019 / 5:30 AM / in 17 days

Saudi Energy Minister reiterates Aramco IPO to happen within two years: Okaz newspaper

General view of Aramco tanks and oil pipe at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. REUTERS/Ahmed Jadallah/Files

DUBAI (Reuters) - Saudi Aramco’s initial public offering (IPO) is expected to happen within two years, the Saudi newspaper Okaz said on Thursday, citing Saudi Energy Minister Khalid al-Falih.

The newspaper paraphrased comments made on Wednesday during Falih’s visit to Aramco headquarters.

Falih had said in January that the state oil giant will be listed by 2021.

Reporting by Nafisa Elthair; writing by Davide Barbuscia; editing by Christian Schmollinger

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