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SAUDI ARAMCO MAY NOT SEE OIL AND CHEMICAL DEAL CLOSED BY RIL AT MARCH-END

Published On 07 Feb 2020 12:18 PM

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Highlights:

There is a high possibility that Mukesh Ambani-led Reliance Industries will not close the deal for a 20% stake in its oil to chemicals business to Saudi Aramco by March 31 this year as expected earlier.
Previously, the deal worth USD 15 billion required the company to sell its 20% stake in its flagship chemicals and refining business to the well-known petroleum and natural gas industria....

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