Aramco IPO will be ready within coming 12 months -chairman

Saudi Aramco chairman Yassir al-Rumayyan said on Tuesday a planned initial public offering (IPO) of the state oil giant would be ready within the coming 12 months and that the kingdom was committed to the listing.

Rumayyan told a news conference that the Aramco IPO would "continue as it is" despite weekend attacks on the company's oil facilities. He said the IPO would depend on market conditions.