BlackRock Invests $11 Billion in Aramco’s Jafurah Gas Project

BlackRock has made a significant move in the global energy sector, securing a $11 billion deal with Saudi Aramco for a leaseback of Jafurah gas assets. This agreement signals a major shift in investment dynamics within the industry. The project is part of Aramco’s ambitious gas expansion program and represents a significant step forward in international energy collaborations. BlackRock’s involvement underlines their growing influence in global infrastructure investments, potentially impacting the global energy market significantly.