Saudi Aramco shelves plans for Malaysia venture with Petronas

Saudi Aramco shelves plans for Malaysia venture with Petronas

A logo of a Petronas fuel station is seen against a darkening sky in Kuala Lumpur, Malaysia. Picture taken February 10, 2016. REUTERS/Olivia Harris

Saudi Aramco has shelved plans for a multi-billion-dollar refining and petrochemical joint venture with Petronas in Malaysia, industry sources familiar with the matter told Reuters on Wednesday.

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