Saudi Aramco pursues refinery partnership in India
Saudi Aramco reportedly held meetings with India’s state-owned oil companies Hindustan Petroleum, Bharat Petroleum and Indian Oil to discuss the planned West Coast refinery this week.
The 1.2 million b/d refinery and an integrated petrochemicals complex is expected to cost around $40 million and be commissioned by 2022 in Ratnagiri, Maharashtra.
In addition, Saudi Aramco inaugurated an office in India, earlier this week in line with its plans to expand presence in the country. The company’s New Delhi office will reportedly strive to attract Indian manufacturers and investors to participate in the company’s projects and operations.
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