18-Oct-18, Arabian Industry
Saudi Aramco senior vice president of downstream Abdulaziz M Al-Judaimi said that relations between KSA and India are growing more strategic in nature, adding that Saudi Aramco is tapping into India’s world-leading growth, in large part by investing in its energy future as part of the company's own downstream strategy.
%20Arabian%20Industry.jpg "Investing in India is a key part of Saudi Aramcos global downstream strategy (c) Arabian Industry")
Image: Arabian Industry
Al-Judaimi highlighted that the closer cooperation between Saudi Aramco and Indian energy entities is reflected in the partnership with RRPCL and ADNOC on the Ratnagiri mega refinery and petrochemicals complex in Maharashta. He noted nearly USD2 bn in material-service sourcing with Indian companies to date, and the opening of the Aramco Asia India office in 2017.