Saudi Aramco pursues stake in Indian oil refinery

Saudi Aramco pursues stake in Indian oil refinery

Saudi Aramco’s interest in the refinery was revealed by Dharmendra Pradhan, India’s minister of petroleum and natural gas, on 14 June 2017.

Saudi Arabia is seeking to secure customers for its oil amidst a global oversupply.

According to the minister, with the 1.2 million bpd refinery, the world’s largest, India wants to have a greater say in the global fuel trade. Read more

Credits:www.arabianoilandgas.com

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