"The gap between supply and demand is closing ... Our anticipation now is that it will be balanced by the first half of 2017," Nasser told a conference. He reiterated the listing will happen sometime in 2018 in Tadawul, the Saudi stock exchange as well as other markets, which Saudi Aramco is still evaluating. CLIMATE CHANGE, INVESTMENTSNasser said climate change is driving the transformation of the global energy system, which is commendable, he said. To turn carbon dioxide into chemicals, Aramco has acquired Novomer, a U.S. company, Nasser told the conference. It is very important, especially when we talk these days about climate change.

Source: The Edge Markets November 01, 2016 23:44 UTC