Gail India is open to approach domestic private sector refiner and petrochemicals major Reliance Industries Ltd (RIL) on board an Iranian petrochemical project. As per an earlier plan, GAIL and Indian Oil Corporation (IOC) were to partner the project along with the National Iranian Gas Export Company. GAIL and IOC had signed a memorandum of understanding with the Iranian government for using natural gas from South Pars field to run the petrochemical plant.
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Monday, September 24, 2007
GAIL open to approach RIL aboard Iranian petrochemical project
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