A consortium led by Global Infrastructure Partners, part of BlackRock, is in negotiations with several banks to secure up to $10.3bn in financing for Aramco's Jafurah gas development deal, reported Reuters, citing two sources familiar with the matter. JPMorgan and Sumitomo Mitsui Banking are among the financial institutions in discussions to support the transaction. The funding arrangement is expected to be divided into short-term and long-term loans. Under the terms of the agreement, a new subsidiary, ...