Saudi Aramco plans investment in West Coast refinery

Union Minister for Petroleum Natural Gas Dharmendra Pradhan has said Saudi Aramco is exploring opportunities to invest in the West Coast refinery in a bid to expand its footprint in India.

When asked whether Saudi Aramco has expressed interest for investing in the West Coast refinery, he said, “Yes, they have shown interest.”

He said this while speaking at the India Energy Forum by CERAWeek.

A top official Saudi Aramco also said, “We are looking at investment opportunities in the Indian downstream sector and at investment in Indian companies across hydrocarbon value chain.”

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