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As domestic challenges grow, RIL follows OVL to Mexico

Companies to jointly evaluate upstream oil and gas business opportunities overseas

Reliance Industries Limited (RIL) has signed a Memorandum of Understanding (MOU) with Mexican state owned company, Petroleos Mexicanos (PEMEX), for assessment of potential upstream oil and gas business opportunities in Mexico and jointly evaluate value added opportunities in international markets.  
 
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RIL will also provide technical support and share experience with PEMEX for refining value maximisation and other technical optimization strategies.

The two companies will also collaborate on the environmental and social responsibility front.

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