USaudi Aramco usanda kukhishwa imiphumela yezezimali engama-2023 waphinde wafakazela amandla enkampani nokubaluleka kwawo eMbusweni awonke.
Naphezu kokwehla kwamanani entengo kawoyela aphesheya kube ngu-2023 uma kuqhathaniswa nonyaka owedlule, kanye nokuncishiswa kokuncishiswa kokukhiqizwa kwe-OPEC + kuholele emazingeni angama-201 billion atholakala ngamaphesenti angama-20. Uma ubheka lonke umbiko wezezimali, kunamaphuzu amane alandelayo aphawuleka kakhulu
Eyokuqala ukwanda okubukhali kwezinkokhelo zokwahlukanisa. Ngo-2023, ukwahlukaniswa okukhokhelwe yiSaudi Aramco kukhuphuke ngonyaka we-30% ngonyaka kuya ku- $ 98 billion. Lokhu kulandela isinqumo senkampani ukukhokha ukwahlukaniswa okungeziwe "okuxhunyaniswe nguwe" ngaphezulu kokuhlukaniswa okuyisisekelo kusuka kwikota yesithathu ka-2023. Ngo-2024, ukukhokha kuka-Aramco, ukukhokha kwe-Aramco kungaqhubekela phambili ku- $ 124 billion. Ukwehlukaniswa okuphezulu kungazuzisa ikakhulukazi abaninimasheya bawo ababili kakhulu, uhulumeni waseSaudi kanye neSikhwama Sokutshala Izimali Sikahulumeni (PIF).
Okwesibili, izindleko ezinkulu zanda kakhulu. Ngo-2023, iSaudi Aramco yandisa ukutshalwa kwezimali kwayo e-Upstream, emikhakheni yamandla emisha kanye namandla amasha eSaudi Arabia nakwamanye amazwe, ngokusetshenziswa kwemali ekwanda ngonyaka ka-28 billion kuya kuma- $ 50 billion. Le nkampani ibilokhu isho ukuthi izindleko ezinkulu ngo-2024 zizoba phakathi kwama- $ 48 billion kanye nama- $ 58 billion. Ukuhlehliswa kukahulumeni waseSaudi kwezinhlelo ezamenyezelwe ngaphambili ukwandisa ukwanda kwamandla kawoyela kulinganiselwa ukuthi kuzosindisa i-Aramco cishe ngama- $ 40 billion ekusetshenzisweni kwemali eyengeziwe ephakathi kuka-2024 no-2028.Thimba, imalimboleko evelele.
ISaudi Aramco yenze inkokhelo yokugcina ePIF ngo-2023 ngokutholwa kwe-Saudi Basic Industries Corporation (BIRC) ngo-2020. Inhlanganisela yezinto, kufaka phakathi izinkokhelo zokwahlukaniswa okwengeziwe, izindleko zezimali kanye nezinkokhelo zokukhokha imali mboleko, kunciphise imali ephelele ye-Aram Ngokuqhathanisa, izimpahla eziwuketshezi echibini lezezimali likaPif zazimi cishe ama- $ 22 billion ngoSepthemba 2023, ngenkathi uhulumeni waseSaudi enamabhilidi angama- $ 116 billion esikhundleni sebhange eliphakathi nezwe elisekupheleni kuka-2023.
Umbuzo uwukuthi, ingabe ukwahlukaniswa okuphezulu kwe-Aramco's Aramco?
Ukuhlukaniswa kwalo kubaninimasheya kukhuphuke kusuka ku- $ 75bn ngo- $ 98bn kuya ku- $ 98bn ngo- $ 98bn ngo-2023 futhi kungenzeka kufinyelele ngaphezulu ku- $ 124bn kulo nyaka. Njengoba kushiwo ngenhla, isizathu esiyinhloko sokukhulisa ukwethulwa 'kokuxhunyaniswa okuxhumeke kahle kwe-2023, lapho kuchazwa khona ama-70% okusebenza kwemali okusebenzayo ngemuva kokwenziwa kwemali okuyi-2022, futhi kuzokhokhwa ngekota kakota ye-capital kanye nekota yesine ye 2024.
Bangobani abahlomuli abaphambili bokuhlukaniswa kweSaudi Aramco? Ngokusobala, uhulumeni waseSaudi kanye nePif.
Ekupheleni kuka-2022, iSaudi Aramco yayinezinkulungwane ezingama-135 billion ngokheshi kanye nokutshalwa kwezimali okufushane. Ngenxa yeminyaka emibili elandelanayo yamanani aphezulu kawoyela aphakeme ngo-2021 no-2022, futhi aqhubeke nokuthengiswa kwezibalo ezinkampanini ezimbili zamapayipi, izimpahla eziwuketshezi zesikhashana ezifana nezimali eziphindwe kabili eminyakeni emibili edlule.
Njengoba kunikezwe ukwanda kwazo zombili izinkokhelo ze-capex kanye nezikweletu ngo-2023 kanye nokwehla kwezimali ezingama-oyili, inkampani "yabelwa" imali engama- $ 33 billion ngokheshi kanye nokutshalwa kwemali okufushane ukukhokha imali ephezulu kubaninimasheya. Lokhu kungenzeka ukuthi kuqhubeke ngo-2024. Ukuhlelwa kwe-Aramco ukukhulisa imali eningi ngo-2024, inkampani kungadingeka ukuthi ingene enhlokodolobha yayo yokusebenza ukuze iphinde isebenzise imali ekhona noma ithengise izimpahla ezikhona. Vele, unikezwe ukuthi iSaudi Aramco isaphethe ama- $ 102 billion ngokheshi kanye nokutshalwa kwezimali okufushane ezincwadini zayo ekuqaleni kuka-2024, lokhu ngeke kube yinkinga enkulu okwesikhashana.
Uhulumeni waseSaudi noPif, njengabanikazi bamasheya amabili amakhulu eSaudi Aramco, bangabazuzi abaphambili be-Later's Right Divilidend. Eqinisweni, ukwethulwa kwe-Lo-okubizwa ngokuthi yi-Work-Lined Dividond ilungiselelo elikhethekile lenkampani ukuhlangabezana nezidingo zezimali zalaba banikazi abakhulu, ukuze badlulise igebe lokukhiphela libambe ukusatshalaliswa futhi ligcwalise igebe lokuxhaswa ngemali phakathi kohulumeni baseSaudi kanye nePif. I-PIF ithole cishe ama- $ 5.5 billion ezingxenyeni ezingezekile ezivela eSaudi Aramco ngo-2023 uma iqhathaniswa no-2022, kanti inani lalokhu kunguhulumeni ongezelwe kungenzeka lifake enye inqwaba ye-SAUDI e-Aram e-Aram. Kuhulumeni waseSaudi, kukhona nesivuno esiphezulu sokuhlukaniswa ngo-2024 kuno-2023, ikakhulukazi ngendlela entsha yokuxhumana okuxhunyaniswe ngokulingana okulingana nenani lesigxobo se-8%. Ngokwezinga elithile, kungabonakala njengokungezelela ukulahleka kwalokhu kudluliswa kwe-8%. Kepha imali yokuhlukaniswa okuvela kulesi sigxobo esingu-8% ayinakugcwala, kushiye imali engama- $ 1 billion ku- $ 2 billion "isabelomali sikahulumeni waseSaudi. Okuwukuphela kwento yokuthi ukwahlukaniswa okuphezulu kuzokwenza amasheya e-Aramco athandeke kakhulu kubatshalizimali.
Isikhathi sePosi: APR-18-2024