Aramco the latest oil co to bring pipeline deal

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Aramco the latest oil co to bring pipeline deal

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KONSKIE, POLAND - June 29, 2019: Saudi Aramco logo displayed on mobile phone | piter2121 - stock.adobe.com

Saudi Aramco has raised cash from an investor consortium by leasing a section of its pipelines, following a similar deal from Abu Dhabi National Oil Company (Adnoc) last year. Other Middle East oil companies may follow suit amid concerns over the future of the oil prices.

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