Aramco Gas Pipelines Company, will lease usage rights in Aramco’s gas pipelines network and lease them back to Aramco for a 20-year period.
Oil prices rose by more than $1 a barrel on Monday after top exporter Saudi Arabia raised prices for its crude sold to Asia and the United States.
The cartel must assess the impact of the new variant of the coronavirus on oil demand and prices.
Crude oil production from the world's largest exporter of raw materials increased by 100 thousand barrels per day.
The decision of OPEC+ to keep the previously adopted plan to increase oil production was a positive factor for the market in recent days.
The OPEC+ countries considered several scenarios for increasing oil production.
In December 2018, the country decided to leave the organization.
Saudi Aramco said it would lower prices for all grades of crude for buyers from Asia and the Mediterranean in October.
A new date for the meeting of representatives of the OPEC+ countries should be announced soon.
The US administration called on OPEC+ to find a compromise solution that would increase oil production from August.