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FX Daily Updates
BlackRock mulls selling stake in Saudi Aramco gas pipelines, Bloomberg News reports
georgemiller
Publish Date: Thu, 03 Jul 2025, 10:23 AM

July 3 (Reuters) - Asset manager BlackRock Inc (BLK.N) , opens new tab is in talks with Saudi Aramco (2222.SE) , opens new tab to divest its stake in the leasing rights of a natural gas pipeline network back to the state oil major, Bloomberg News reported on Thursday, citing people familiar with the matter.
The stake, which BlackRock acquired in 2021, is likely to be worth billions of dollars, according to the report.
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Reuters could not immediately confirm the report.
https://www.reuters.com/business/energy/blackrock-mulls-selling-stake-saudi-aramco-gas-pipelines-bloomberg-news-reports-2025-07-03/