{"id":363010,"date":"2020-07-16T11:09:52","date_gmt":"2020-07-16T05:39:52","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=363010"},"modified":"2020-07-16T11:09:52","modified_gmt":"2020-07-16T05:39:52","slug":"aramco-deal-has-not-progressed-as-planned","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/aramco-deal-has-not-progressed-as-planned\/","title":{"rendered":"\u2018Aramco deal has not progressed as planned\u2019"},"content":{"rendered":"<p>Mumbai: RIL NSE -0.31 %\u2019s plan to sell stake in its oil-to-chemicals business to Saudi Aramco has \u201cnot progressed\u201d as envisaged \u201cdue to unforeseen circumstances in the energy market\u201d, said chairman Mukesh Ambani at the company\u2019s annual shareholder meeting. The urgency to conclude the transaction with Saudi Aramco has eased as RIL\u2019s \u201cequity requirements have already been met\u201d.<\/p>\n<p>While Ambani didn\u2019t give any new timeline for the completion of the deal with Saudi Aramco, the chairman said RIL has been \u201capproached by global companies for strategic partnerships in the petrochemical business\u201d. He, however, didn\u2019t name any company.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: RIL NSE -0.31 %\u2019s plan to sell stake in its oil-to-chemicals business to Saudi Aramco has \u201cnot progressed\u201d as envisaged \u201cdue to unforeseen circumstances in the energy market\u201d, said chairman Mukesh Ambani at the company\u2019s annual shareholder meeting. The urgency to conclude the transaction with Saudi Aramco has eased as RIL\u2019s \u201cequity requirements have already been met\u201d. While Ambani didn\u2019t give any new timeline for the completion of the deal with Saudi Aramco, the chairman said RIL has been \u201capproached by global companies for strategic partnerships in the petrochemical business\u201d. He, however, didn\u2019t name any company.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-363010","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/363010","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=363010"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/363010\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=363010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=363010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=363010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}