Espen Erlingsen - Rystad Energy

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Last quote by Espen Erlingsen

By drastically reducing the tax rate, more cash will go to the potential owners of Saudi Aramco compared to the government. Assuming long-term oil prices averaging $75 per barrel, the valuation of the company increases from $0.4 trillion to $1.4 trillion.feedback
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Mar 28 2017 Oil
This page is completely dedicated to what Espen Erlingsen has to say. All of Espen Erlingsen’s quotes are organized here by date and topic. The most recent quote attributed to Espen Erlingsen came from an article called Aramco tax cut lifts company's value by $1 trillion, analyst estimates: “The total value of Saudi Aramco's revenue after costs is around $3.4 trillion. With the old tax system, around 88 percent of the value went to the government through taxes and royalties, while with the new system around 60 percent of the profit goes to the government.”.
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