Reliance Industries, India’s largest private sector company, through its wholly owned subsidiary Reliance Industries Middle East acquired a majority stake in Gulf Africa Petroleum Corporation (GAPCO).                                                            Â
Reliance eyes 50% stake in Kenya refinery : According to market sources Reliance Industries is also planning to acquire 50% stake in Kenya Petroleum Refineries.
50 % of Kenya Petroleum Refineries is owned by the Kenyan Government and the rest of 50% stake is owned by Shell, BP Plc and Chevron. However, its not clearly known on whose stake is Reliance Industries is planning to acquire.
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