Reliance Industries Ltd., seems to be eyeing a Nigerian refinery and a petrochemicals complex in the Gulf. Both these deals could total to US$10 billion.
The Nigerian refinery on which Reliance is believed to be conducting due diligence seems to be the Port Harcourt refinery. Nigeria had recently invited new bids for a majority stake in its 210,000 bpd Harcourt refinery complex after previous attempts to privatise the refinery had foundered.
09-Mar-07 
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