News
10 January 2020

Saudi Aramco props up slumping Middle East energy debt market

In:
Oil & gas
Region:
Middle East & Africa

Gulf Arab energy companies took on marginally more total debt in 2019 compared with the previous year, but the increase was skewed by a surge in borrowing by Saudi Aramco and its refining joint venture. Excluding new Saudi loans and bonds of $15.6 billion, energy-company debt in the oil-rich...

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