Saudi ARAMCO President and Chief Executive Amin H. Nasser speaks during the opening of the Middle East Petrotech 2016, an exhibition and conference on refining and petrochemical industries, in Manama, Bahrain, September 26, 2016. REUTERS/Hamad I Mohammed
DUBAI – 24 October 2017: Saudi Aramco's planned intitial public offering has never been linked to developments on oil markets, its chief executive told Al Arabiya television on Tuesday.
"The (initial public) offering since the beginning was never linked to the market or the condition of the market," CEO Amin Nasser said, referring to developments on oil markets.
Speaking on the sidelines of a major investment conference in Riyadh, he also added that the company plans to double its petrochemicals investments.
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