Saudi oil minister says Saudi Aramco IPO plan firmly on track

There are no signs that the schedule is slipping for a planned initial public offering of Saudi Aramco, Saudi Energy Minister Khalid al-Falih said on Thursday, adding that the IPO will happen in the second half of 2018.

The announcement about the company`s IPO will be made "in due course", he said while taking part in a panel discussion of an energy forum in Moscow.

He also said that he now saw fewer differences between Russia`s and Saudi Arabia`s objectives in the Middle East.

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