Why Aramco and other foreign oil producers are keen on Indian refining assets

By Aman Malik

  • 18 Apr 2019
Premium
The Vadinar refinery in Gujarat | Credit: Reuters

Saudi Arabian Oil Co is said to be in talks to acquire a stake in Reliance Industries Ltd's petrochemicals and refining business. This isn't the first time a foreign upstream energy player has shown interest in owning downstream assets in India. But Saudi Aramco--as the world's biggest oil producer is ......

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