You are here

Saudi Aramco shelves plans for venture with Malaysia's Petronas -sources

Wednesday, January 25, 2017 - 20:21

29_40711088 - 29_11_2016 - ASIA-OPEC_OIL.jpg
State oil giant Saudi Aramco has shelved plans for a multi-billion-dollar refining and petrochemical joint venture with Malaysia's Petronas, industry sources familiar with the matter told Reuters on Wednesday.

[KUWAIT] State oil giant Saudi Aramco has shelved plans for a multi-billion-dollar refining and petrochemical joint venture with Malaysia's Petronas, industry sources familiar with the matter told Reuters on Wednesday.

The sources did not say why the project was put on hold. Aramco officials could not immediately be reached for comment.

REUTERS

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom