Saudi Arabia's vague plan to end fuel subsidies over a five - year period, announced this week, is just one of several issues state oil giant Saudi Aramco will need to iron out with the government ahead of its proposed initial public offering (IPO) -- and each could impact the timing of the listing ( related ). Aramco Chairman Khalid al - Falih has already said the complexities involved in preparing for the partial stake sale mean the IPO looks like happening in 2018, rather than an earlier mooted 2017 ( IOD Jun.3'16 ).
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