India's "Mega-Handshake" With Saudi Aramco for Mega-Refinery and Petrochemical Complex

  • ID: 4542514
  • Report
  • Region: India, Saudi Arabia
  • Wood Mackenzie
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Saudi Aramco has entered into an agreement with India's state-owned refiners to jointly develop a mega refinery and petrochemical complex on the west coast of India. This project is a win-win for both Saudi Aramco and India. Saudi Aramco would secure its crude disposition by supplying crude to the integrated complex. India would receive long-term crude supply security and financing for this large scale project.
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