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Saudi Aramco to invest US$7b in Petronas' refinery, petrochem project

Riyadh and KL also sign pacts on trade, human resources, scientific & educational cooperation, and news sharing

Kuala Lumpur

MALAYSIA'S Prime Minister Najib Razak announced on Monday that Saudi Arabia's state oil company Saudi Aramco will invest US$7 billion into an oil refinery and petrochemical project in the state of Johor.

Mr Najib said the decision was made before noon on Monday after...

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