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...Reliance operates the world’s biggest refining complex in a single location at Jamnagar, in Gujarat state, with capacity of 1.24m barrels per day....
...However, in the Lyondell deal really is off, analysts are saying it’s highly likely that Reliance’s chairman Mukesh Ambani will put his money into another acquisition....
...However, analysts signalled that the “land grab” for raw materials and US refining capacity could yet trigger a counterbid, notably from large oil companies....
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