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The independent audit of how much oil reserves Saudi Aramco
really has is taking longer than initially planned—not because of
surprises, but because the Saudis want to make sure that auditors
have all the data to avoid skeptical comments at a later stage,
sources close to the audit tell Reuters. Aramco is opening the
books for an audit ahead of the planned IPO—currently slated for
the second half of 2018—expected to fetch billions of dollars to
fund Saudi Arabia’s Vision 2030 to overhaul its economy and
diversify sources…

The independent audit of how much oil reserves Saudi Aramco
really has is taking longer than initially planned—not because of
surprises, but because the Saudis want to make sure that auditors
have all the data to avoid skeptical comments at a later stage,
sources close to the audit tell Reuters. Aramco is opening the
books for an audit ahead of the planned IPO—currently slated for
the second half of 2018—expected to fetch billions of dollars to
fund Saudi Arabia’s Vision 2030 to overhaul its economy and
diversify sources…

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