The kingdom’s oil company dismisses reports it could drop huge international float in favour of private stake sales

Saudi Aramco has dismissed reports that it is considering shelving plans for the world’s biggest ever flotation, with the state-owned oil company saying the $2tn (£1.5tn) listing was on track for next year.

Amid concerns about the feasibility of such a huge international listing, the company was favouring a private stake sale to foreign governments, including China, the Financial Times reported on Saturday.

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