Aramco closes Jafurah midstream deal with international consortium led by Global Infrastructure Partners

#Industry information ·2025-12-01 15:43:27

Aramco, one of the world’s leading integrated energy and chemicals companies, today announced the completion of an $11 billion lease and leaseback investment agreement for its Jafurah gas processing facilities with a consortium of international investors led by funds managed by Global Infrastructure Partners (GIP), a part of BlackRock. The transaction, first announced in August 2025, further unlocks additional value from Aramco’s vast asset base and its operations. Investors participating in the GIP-led consortium include Hassana Investment Company, the Arab Energy Fund (TAEF), and Aberdeen Investcorp Infrastructure Partners, as well as other institutional investors from north and southeast Asia and the Middle East. Amin H. Nasser, Aramco President & CEO, said: “Our agreement with a world-class infrastructure player like GIP and its consortium demonstrates confidence in our strategy and unlocks significant value for investors. Jafurah kickstarts our plan to expand our overall sales gas production capacity, which will contribute to Saudi Arabia’s growth ambitions across multiple sectors including energy, artificial intelligence, and major industries such as petrochemicals.”(Aramco2025.10.28)