Wednesday 17 April 2019

Aramco plans to buy Shell's stake in Saudi refining JV- sources | ZAWYA MENA Edition

Aramco plans to buy Shell's stake in Saudi refining JV- sources | ZAWYA MENA Edition:

Saudi Aramco plans to buy Royal Dutch Shell's 50 percent stake in Saudi refining complex SASREF, a joint venture between the firms, two sources said on Wednesday.

One of the sources said an agreement has been reached between Aramco and Shell.

Aramco and Shell declined to comment.

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