The company is expected to move forward with presentationsto analysts and meetings with bankers as planned. However, Saudi energy officials and Aramco executives are debating arescheduling of the IPO until after the company fully restoresits production to normal levels.
Discussions of a change in the offering's timing have beenconfined to Saudi officials and Aramco executives, the reportsaid.
Yemen's Houthi Group on Saturday claimed responsibility forthe drone attacks on two Aramco's plants.
Aramco had planned to list 1% shares of the state oil planton the Riyadh stock exchange before the end of this year andanother 1% in 2020, Reuters reported last week.
Based on the indicated $2 trillion valuation that SaudiAramco had hoped to achieve, a 1% float would be worth $20billion.
(Reporting by Abhishek Manikandan in Bengaluru; Editing by ArunKoyyur) ((Abhishek.Manikandan@thomsonreuters.com; within the U.S. +1646 223 8780, outside the U.S. +91 80 6749 2963;))