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Saudi Aramco to enter India as part of Asia expansion: CEO tells Nikkei

The Saudi government has said it plans to sell about 5 per cent of Aramco, hoping to raise some $100 billion

Reuters 

Saudi Aramco, the state oil company of Saudi Arabia, is considering entering India as part of its Asian expansion, Nikkei said on Tuesday, citing Aramco's CEO who said that plans for an Indian refinery are crystallising. "Saudi Aramco is looking at additional investments in China, and India is also a very important destination which we are giving great consideration, and (where we are) currently in discussion with some companies," Aramco CEO Amin Nasser told the Nikkei Asian Review in an interview. The Saudi government has said it plans to sell about 5 per cent of ...

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First Published: Tue, January 30 2018. 17:06 IST
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