Petrotech 2019: Abu Dhabi oil firm targets India’s downstream segment


Petrotech 2019: Abu Dhabi oil firm targets India’s downstream segment

Abu Dhabi National Oil Company (ADNOC) will look for more opportunities in India’s downstream segment as it plans to expand its contribution to the country’s strategic oil reserves, the company’s chief executive officer said on Monday.

The company is in talks with strategic partners for downstream opportunities in India. ADNOC also is expected to partner with Saudi Aramco for the planned mega refinery at Ratnagiri in Maharashtra.

“India is very high on our strategic agenda and expanding our share in India’s strategic reserve would be an item on the agenda to be discussed (with the Indian government),” said Sultan Ahmed Al Jaber, speaking on the sidelines of the Petrotech 2019.Read More

Leave a Reply

Your email address will not be published.