Aramco signs $11 billion Jafurah midstream deal with international consortium led by Global Infrastructure Partners

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Jafurah Midstream Gas Company secures significant foreign direct investment, together with agreement to lease and leaseback development and usage rights for Aramco's Jafurah midstream assets Aramco to receive upfront proceeds of $11 billion on completion, highlighting the value creation potential of its ongoing capital investment programTransaction to support optimization of Aramco's assets, reflecting positive outlook for gas demand in the Kingdom of Saudi ArabiaView original content:https://www.prnewswire.co.uk/news-releases/aramco-signs-11-billion-jafurah-midstream-deal-with-international-consortium-led-by-global-infrastructure-partners-302530487.html