Saudi Oil Giant Aramco Explores Bengal Options

Saudi Oil Giant Aramco Explores Bengal Options

Saudi Aramco, Saudi Arabia’s state-owned oil company that’s counted among the world’s largest petroleum and natural gas firms, is exploring investment opportunities in West Bengal.

Speculation is rife that the oil giant may be interested in the proposed TCG-run oil refineries in Haldia and in some downstream projects of Haldia Petrochemicals Ltd.

Representatives of the company that has both the world’s second-largest proven crude oil reserves and second-largest daily production met chief minister Mamata Banerjee at Nabanna on Thursday to discuss possibilities in oil exploration, downstream petroleum production, refining and marketing. Read More…




Credit By : ET Energy World

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