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Saudi Aramco and Indian group in $44bn petchem refinery deal

Saudi Aramco and Indian consortium “RRPCL” sign MoU to develop Ratnagiri mega refinery and petrochemicals complex on India’s west coast. Saudi Aramco signed today a Memorandum of Understanding (MOU) with “Ratnagiri Refinery and Petrochemicals Ltd.” (RRPCL), a consortium of Indian oil companies which includes The Indian Oil Corporation Ltd. (IOCl), Bharat Petroleum Corporation Ltd. (BPCL),...