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Saudi Aramco to build a giant refinery complex in India
April 12, 2018

Saudi Aramco to build a giant refinery complex in India

Saudi Aramco has signed a MoU with Indian Oil Corporation, Bharat Petroleum Corporation Ltd. (BPCL) and Hindustan Petroleum Corporation Ltd. (HPCL) to build a giant refinery complex at Ratnagiri (Maharashtra) in India. The deal is worth $44 billion, designed to meet India’s rapidly increasing fuels demand and it may transform the entire oil game for India.

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