Saudi Aramco To Acquire 50 Pct Stake In Petronas' Rapid Assets
KUALA LUMPUR, Feb 28 (Bernama) -- Petroliam Nasional Bhd (Petronas) has signed a share purchase agreement with Saudi Arabian Oil Company (Saudi Aramco), allowing the latter to acquire a 50 per cent equity in the Petronas Refinery and Petrochemical Integrated Development's (Rapid) refinery and cracker assets.
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