Terrorism, climate change and dependence on Asia — Saudi Aramco faces these risks as it prepares IPO

Indonesia Berita Berita

Terrorism, climate change and dependence on Asia — Saudi Aramco faces these risks as it prepares IPO
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The world's largest oil company detailed the vast number of risks its business faces.

While Saudi Aramco is reportedly the most profitable company in the world, its oil and gas network is exposed to a wide variety of risks.But there are several specific threats Aramco sees, ranging from "the impact of climate change" to terrorism attacks to demand from Asia.

. But, while Aramco is reportedly the most profitable company in the world, its oil and gas network is exposed to a wide variety of risks. Aramco faces a few obvious risks – such as the supply, demand and price of crude oil or how much oil the Saudi government decides to produce, as the country is a member of the oil cartel OPEC ., which forced Riyadh to cut production by 50%. It took weeks for the Saudi government to restore capacity.

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