Oil giant Saudi Aramco, which has launched a new Indian venture in Gurgaon, is in talks with several Indian refiners and hopes to land a joint venture deal by next year, the company's chief executive told Reuters on Sunday. Aramco, like other major oil producers, wants to tap rising demand growth opportunities and invest in the world's third-biggest consumer. "We are hoping to land on a JV sometime," Aramco's CEO Amin Nasser said at India Energy Forum by Cera Week in New Delhi. Petroleum Minister Dharmendra Pradhan, who jointly inaugurated the local unit ...
Saudi Aramco eyes joint venture deal in India by next year, says CEO Nasser
Like other major oil producers, Aramco wants to tap rising demand growth opportunities and invest in the world's third-biggest consumer