April 17, 2019 / 10:09 AM / 3 months ago

Aramco plans to buy Shell's stake in Saudi refining JV - sources

DUBAI, April 17 (Reuters) - Saudi Aramco plans to buy Royal Dutch Shell's 50 percent stake in Saudi refining complex SASREF, a joint venture between the firms, two sources said on Wednesday.

One of the sources said an agreement has been reached between Aramco and Shell.

Aramco and Shell declined to comment.

Energy Intelligence had reported the stake purchase plan earlier. (Reporting by Rania El Gamal, editing by Louise Heavens)

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