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Saudi Aramco-Motiva in lead to buy Houston refinery - sources

Reuters - UK Focus

HOUSTON/NEW YORK, Sept 5 (Reuters) - Saudi Aramco (IPO-ARMO.SE) and its U.S (Other OTC: UBGXF - news) . refining joint-venture Motiva Enterprises lead the race to buy LyondellBasell Industries Houston refinery, according to three sources familiar with the matter.

An announcement of the sale by Lyondell is expected this week, the sources said. (Reporting by Erwin Seba in Houston and Jessica Resnick-Ault in New York, editing by G Crosse)