Edition: Global  
One News Page
“Probably the fastest-access news portal in the world”
> >

New Saudi Railway Expected To Reduce Dependence On Crude Oil

OilPrice.com Monday, 18 September 2017
Saudi Arabia plans to soon issue contract tenders for a 1,000-mile railway between the Red Sea and the Persian Gulf, and to extend links to serve oil giant Aramco, Saudi Railway Company’s chief executive Bashar Al Malik told Bloomberg in an interview published on Monday. Saudi Arabia has been planning the 1,000-mile Red Sea-Persian Gulf link—Land Bridge—since 2008, but tabled it after Saudi Arabia and private companies failed to initially agree on the financial terms of a deal. The Saudis are now “moving ahead to implement…
Share on
Share on
Post on 
Share by
Source: Bloomberg Technology - < > Embed

News video: Saudi Aramco Needs $60 - 70 Oil for IPO, Says Mostaque

Saudi Aramco Needs $60 - 70 Oil for IPO, Says Mostaque 01:21

Sep.14 -- Emad Mostaque, co-chief investment officer at Capricorn Fund Managers, and Bloomberg's Javier Blas discuss a potential delay for the initial public offering of Saudi Arabia's state-owned oil company Saudi Aramco. He speaks on "Bloomberg Daybreak: Americas."

You Might Like

Recent related news

The Saudi Amb. to the U.S. welcomed allowing women to drive

Saudi ambassador to Washington welcomed the positive decisions that King Salman has taken for lifting ban on women driving in Saudi Arabia. Khalid Bin Salman...
WorldNews - Front Page

India Needs Help To Boost Oil Production

India needs foreign drillers on board to increase its crude oil production as it plans to reduce its dependence on imported oil. According to Wood Mackenzie, the...
OilPrice.com - Markets

New oil pipeline between Saudi Arabia and Bahrain

(MENAFN) Saudi Arabia and Bahrain are set to initiate a new 350,000-barrels-per-day oil pipeline to serve the planned growth of Bahrain's plant...
MENAFN.com - Middle EastAlso reported by •Zero HedgeOilPrice.com

China To Take 5% Of Rosneft’s Output In New Deal

CEFC China Energy is set to gain up to 260,000 barrels per day of oil supplies from Russia as part of its recent deal with Moscow to invest $9.1 billion in the...
OilPrice.com - Markets

China offers to buy 5 per cent of Aramco directly, giving it flexibility in fundraising plan

China is offering to buy up to 5 per cent of Saudi Aramco directly, sources said, a move that could give Saudi Arabia the flexibility to consider various options...
S.China Morning Post - Business

Other recent news in Markets

MORGAN STANLEY: "Client Cash Is At Its Lowest Level" As Institutions Dump Stocks To RetailChina Could Make BITCOIN Buzz Again as National Congress Looms
Mexico, CANADA Said To "Firmly Reject" US NAFTA ProposalsGovernment minister hails Airbus and BOMBARDIER tie-up
Airbiquity To Showcase OTAmatic Over-the-Air (OTA) Software Update and Data Management Solution at TU-Automotive EUROPE 2017Inflation figure and CARNEY testimony dominate session
Trump DRUG CZAR Nominee Withdraws After '60 Minutes' ExposéSENATORS REACH Bipartisan Deal To Keep Obamacare Subsidies, Send Healthcare Stocks Soaring
Hollywood Showrunner Accuses HARVEY WEINSTEIN's Brother Of HarassmentThe Swiss Stock Market Dipped Slightly - CREDIT SUISSE In Focus


Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2017 One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter   FIND us on Google+