Monday, January 24, 2022

ARAMCO

Reliance to conclude Aramco deal this year; Aramco rep on co board

Mukesh Ambani told shareholders that RIL is expected to sell 20 per cent stake in its oil-to-chemical unit to Saudi Aramco

Reliance-Aramco deal likely if crude oil averages $65

The deal was to conclude by March 2020 but has been delayed for reasons not disclosed by either company.

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