Malaysia’s Petronas, Aramco to finalize RAPID deal after resolving ‘technical issues’: Bernama


Dateline 2017-11-03, Reuters/Bernama:

Malaysian state energy company Petronas and Aramco are facing “technical issues” in finalizing the Saudi oil major’s $7 billion investment in a refinery project, but the deal will be completed soon, state news agency Bernama reported on Friday.

The government “is giving room to Petronas and Saudi Aramco to resolve several technical issues related to the investment agreement,” Bernama reported, citing Abdul Rahman Dahlan, a minister in the Malaysian prime minister’s office.

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