India's "mega-handshake" with Saudi Aramco for mega-refinery and petrochemical complex
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.