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India's "mega-handshake" with Saudi Aramco for mega-refinery and petrochemical complex
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Report summary
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.
Table of contents
- Joint refinery-petrochemical complex investment a significant milestone for India and Saudi Aramco
Tables and charts
This report includes the following images and tables:
- India's PSU gasoline and middle distillate balances*
- India's polyethylene and polypropylene balances
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