The head of state oil giant Saudi Aramco is overseeing the company’s plan to become the world’s leading integrated energy and chemicals company by 2020.Nasser recently earmarked $500 billion to invest over the next 10 years, including $160 billion for natural gas developments and $100 billion for chemicals projects.
The Saudi Aramco president also has the mammoth task of leading Aramco through an initial public offering (IPO) of a five percent stake that could be worth $50bn – the biggest in history.
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