Saudi Arabia is interested in partnering with India for developing complementary supply chains as well as deploying finance and new technologies
In what may further reduce India’s solar power tariffs, Saudi Arabia is interested in partnering with India for developing complementary supply chains as well as deploying finance and new technologies here.
The global oil powerhouse Saudi Arabia plans to invest in India in the fuel retail and crude storage segments, country’s oil minister told Prime Minister Narendra Modi on Monday at an event. The Saudi Minister also assured
India had contracted to import about 25 million tonnes of crude oil from Iran in the fiscal year 2018-19 (April 2018 to March 2019), up from 22.6 million tonnes imported in 2017-18.
Indian oil companies like IOC have optional volumes built in their annual crude oil purchase contracts with suppliers like Saudi Arabia and Iraq that will be more than enough to make up for any shortfall in supplies from sanctions-hit Iran, senior officials said Monday.
Pakistan’s latest announcement about Saudi Arabia’s investment in an oil refinery at the port city of Gwadar has set alarm bells ringing in the international arena. A Zerohedge article claims that Pakistan’s move comes