GAIL, Reliance plan Russia venture
By Our Corporate Bureau | 29 Sep 2007
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Mumbai: State-run gas transmission firm GAIL is planning to explore the feasibility of building petrochemical plants in Russia jointly with Reliance Industries Ltd, media reports said.
"We are in talks with Reliance Industries to set up petrochemical projects overseas," newspaper reports quoted GAIL chairman UD Choubey as saying.
The report said the two are looking at various locations with feedstock availability, including Russia.
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