BlackRock Weighs Selling Stake in Saudi Aramco Gas Pipelines

BlackRock Inc. is considering a sale of its stake in the leasing rights to Saudi Aramco’s natural-gas pipeline network back to the energy giant, according to people familiar with the matter.

The asset manager is in talks with Aramco about a potential deal, the people said, declining to be identified as the information is confidential. The US firm will weigh other options for the asset if the discussions fail to lead to an agreement, some of the people said.