Saudi Arabia's Aramco to ink JV with Petronas over RAPID project


  • Nation
  • Monday, 27 Feb 2017

PUTRAJAYA: Saudi Arabia's Aramco will be investing US$7bil (RM31bil) in the Refinery and Petrochemical Integrated Development (RAPID) project in Pengerang, Johor.  

Prime Minister Datuk Seri Najib Tun Razak said the joint venture between Saudi Arabia's national petroleum and natural gas company and Petronas will be inked on Tuesday after weeks of negotiations.  

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