Govt to review steep petrol hike
India's coalition government opened the way for a partial rollback of the steepest petrol hike in the country's history after two days of street protests and dissent from within its own ranks over the unpopular measure. Full Article
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UPDATE 1-China Sinopec wins $1 bln Kazakh refinery contract
* Sinopec unit to build new facility at Kazakh refinery
* Project valued at $1 billion (Adds details, background)
ALMATY Oct 27 (Reuters) - A subsidiary of China's Sinopec (0386.HK) will sign a deal this week to build a new processing facility at Kazakhstan's Atyrau oil refinery, Kazakh state energy firm KazMunaiGas said on Tuesday.
"Investment in the project will total $1.04 billion," it said in a statement, adding that the deal would be signed on October 29.
The new facility would allow Atyrau refinery to extract benzene and other chemical compounds from oil and market them while improving the quality of produced gasoline, KazMunaiGas said.
State-run Sinopec is Asia's largest refiner and a major producer of chemicals such as ethylene. (Writing by Olzhas Auyezov)
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