Saudi Aramco in talks with Indian Reliance Industries


(MENAFN) Saudi Aramco entered negotiations with Indian-based Reliance Industries in order to address potential investments.

CEO Amin Nassar confirmed that the Saudi oil giant is looking to detect more opportunities in the India market after the two sides penned a deal last April for a USD44 billion refinery plan.

According to the CEO, "we are looking at additional investment in India so we are in discussions with other companies as well, including Reliance and others."

Nassar further added that "we are looking at it. We are not limited to that investment which is the mega refinery," in reference to the refinery project in the west coast.

MENAFN2002201900450000ID1098146852


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.