Saudi Aramco CEO Amin Nasser says “we are going to have serious discussions” with three Indian state oil firms for a share of the equity in a huge joint venture refinery they plan to build at Ratnagiri on India’s west coast.
Speaking in India this week Mr Nasser says that he hopes to conclude an agreement by the end of 2018 with project developers IOC, HPCL and BPCL. “India represents much more than a valued customer [for crude oil]…India is an investment priority,” he said at the 8 October opening of the company’s New Delhi office. (CONTINUED - 904 WORDS)
