ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Opinion

IPO puts Saudi Aramco under Asian oil buyers' spotlight

Exporter will need to carefully balance expectations of investors and customers

| Iraq, Israel, Saudi Arabia, Jordan
Saudi Arabia may deny any connection between the Aramco listing and its decisions at the helm of OPEC.   © Reuters

The launch this month of the initial public offering of state-owned oil giant Saudi Aramco -- the world's most profitable business -- has focused the attention of not only the global investment community but also its crude-oil customers.

Nowhere is that scrutiny higher than in Asia, which absorbs more than two-thirds of Aramco's crude exports. Asia's top four oil-consuming countries -- China, India, Japan and South Korea -- are heavily reliant on supplies from Aramco, which has a monopoly on crude production in the kingdom.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more