Monday, August 11, 2008

Egypt's feedstock price revision to hamper RIL's US$10 bln proposal for petroleum refinery and petrochem & plastics industries

Reliance Industries Ltd (RIL), India's petrochemical giant will be coerced to delay its plan to set up a US$10 bln petroleum refinery, petrochemicals and plastics industries. Investments in oil and gaas exploration sector in Egypt will also be hampered owing to the increased feedstock prices in the country.

For more details on Egypt's feedstock price revision to hamper RIL's US$10 bln proposal for petroleum refinery and petrochem & plastics industries click here

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