Friday, December 26, 2008

Saudi Aramco, KPC likely to jointly replace Mittal Investment in Vizag-based project

Saudi Aramco, world's leading oil producer and Kuwaiti state-owned Kuwait Petroleum Corp. (KPC), are reportedly in discussion with India's state-run Hindustan Petroleum Corp. Ltd (HPCL) for combined iinvolvement in the massive Vizag-based US$10 bln refinery-cum-petrochemical complex in Andhra Pradesh.

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