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Companies & Markets

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

Published Wed, Jan 25, 2017 · 12:21 PM
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[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

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Malaysia

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