National oil companies have been eyeing Indian refinery assets. Saudi Aramco plans to acquire the 1.24 million bpd Jamnagar refinery (pictured) in Gujarat.Courtesy: Rajan Chaughule.
National oil companies have been eyeing Indian refinery assets. Saudi Aramco plans to acquire the 1.24 million bpd Jamnagar refinery (pictured) in Gujarat.Courtesy: Rajan Chaughule.

Energy

Planned Aramco-Adnoc refinery in India to cost $70bn

Both national oil companies are investing in the massive greenfield refinery and chemicals complex in order to ensure security of demand

Jennifer Gnana
Jennifer Gnana

November 28, 2019