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Saudi Aramco eying to buy stake in existing Indian refineries

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(G.N.S) Dt. 24 New Delhi World’s largest oil company Saudi Aramco is looking to buy a stake in existing Indian refineries and expansion projects as well as the planned giant refinery on the west coast, Saudi Arabian Oil Minister Khalid al-Falih said today. The company has signed an agreement to initiate talks for a possible stake in the proposed Rs 1.8 lakh crore refinery in Maharashtra, he told reporters here.

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