ASSESSMENTS
Will Saudi Aramco Fall Prey to a Prince's Politics?
Jan 3, 2018 | 09:00 GMT
(HASSAN AMMAR/AFP/Getty Images)
Highlights
- Crown Prince Mohammed bin Salman hopes that his push for greater transparency and an initial public offering of Saudi Aramco will boost the massive firm's efficiency.
- However, his consolidation of power and plans for reform risk undermining the unusual independence and competence that historically have made the national oil company more competitive than its peers.
- If Saudi Aramco does not preserve its apolitical and technocratic nature, it will have difficulty addressing the many challenges looming ahead.
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