{"id":363045,"date":"2020-07-16T10:54:30","date_gmt":"2020-07-16T05:24:30","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=363045"},"modified":"2020-07-16T11:28:30","modified_gmt":"2020-07-16T05:58:30","slug":"deal-with-saudi-aramco-did-not-progress-due-to-covid-19-mukesh-ambani","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/deal-with-saudi-aramco-did-not-progress-due-to-covid-19-mukesh-ambani\/","title":{"rendered":"Deal with Saudi Aramco did not progress due to Covid-19: Mukesh Ambani"},"content":{"rendered":"<p>Asia&#8217;s richest man Mukesh Ambani on Wednesday said his group&#8217;s planned stake sale in oil-to-chemical business to Saudi Aramco for an asking of Rs 1,500 crore (USD 15 billion) has not progressed as per original timelines due to Covid-19.<\/p>\n<p>&#8220;We value our two-decade relationship with Aramco and are committed to a long-term partnership,&#8221; Ambani said at Reliance Industries&#8217; annual general meeting.<\/p>\n<p>He, however, did not say if the deal was on track or give a new timeline for its completion.<\/p>\n<p>&#8220;Deal with Saudi Aramco hasn&#8217;t progressed per original timeline due to unforeseen situation in the energy market and Covid-19 situation,&#8221; he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Asia&#8217;s richest man Mukesh Ambani on Wednesday said his group&#8217;s planned stake sale in oil-to-chemical business to Saudi Aramco for an asking of Rs 1,500 crore (USD 15 billion) has not progressed as per original timelines due to Covid-19. &#8220;We value our two-decade relationship with Aramco and are committed to a long-term partnership,&#8221; Ambani said at Reliance Industries&#8217; annual general meeting. He, however, did not say if the deal was on track or give a new timeline for its completion. &#8220;Deal with Saudi Aramco hasn&#8217;t progressed per original timeline due to unforeseen situation in the energy market and Covid-19 situation,&#8221; [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,177],"tags":[],"class_list":["post-363045","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/363045","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=363045"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/363045\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=363045"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=363045"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=363045"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}