Saudi Aramco CEO says too early to determine impact of ‘Shareek’ program on investment plans

31/03/2021 Argaam

Saudi Aramco President and CEO, Amin Nasser

Saudi Aramco President and CEO, Amin Nasser said it is too early to determine the effect of the new ‘Shareek’ program on the oil giant’s distribution and investment plans, Reuters reported.

 

He clarified that the government does not require the company to be a part of specific projects, indicating that the program is voluntary and it is up to the private sector to request incentives.

 

Aramco will exercise prudence in allocating capital and cost criteria, he affirmed.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.