RIL in talks to sell Iraq assets to Chevron
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RIL in talks to sell Iraq assets to Chevron

Baghdad : Iraq | Jul 16, 2012 at 9:04 PM PDT
Source: Daily News & Analysis
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Reliance Industries (RIL) is in talks with Chevron Corp, the US oil behemoth, to sell its assets in war-ravaged Iraq at a valuation of close to $200 million. The deal is likely to give RIL a 15 times return to what it paid in 2007...Analysts, however, are doubtful whether a sale will be easy considering... FULL ARTICLE AT Daily News & Analysis
 
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