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FinancialNews


  • 18-12-18

    Saudi Arabia, India discuss joint investments

    (MENAFN) Saudi Arabia and India explored the potential of allocating joint investments directed towards refining and petrochemicals.

    The discussions were carried out between Saudi Arabian Energy Minister Khalid Al-Falih and Indian Reliance Industries chairman Mukesh Ambani.

    The two sides affirmed their willingness to enter joint investments as well as join their hands in areas of petrochemicals, refining, and telecoms, the Saudi minister confirmed.

    It comes while keeping in mind that the two refineries belonging to Reliance Industries provide a total crude processing capacity of 1.4 million barrel per day.

    MENAFN1812201800450000ID1097847073

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