You are here: Home » Reuters » News
Business Standard

Kuwait hopes to boost oil sales to India through buying refinery stake - executive

Reuters  |  NEW DELHI 

By Florence Tan and Nidhi VermaNEW DELHI (Reuters) - Middle Eastern oil producer Kuwait hopes to sell an additional 200,000 barrels per day (bpd) of crude oil to India through the purchase of a stake in an oil refinery in the country, Kuwait Petroleum International (KPI) Chief Executive Officer Nabil Bourisli said on Wednesday.Kuwait intends to sign an agreement to buy a stake in an Indian refinery and petrochemical project in about one to two weeks, Bourisli said while attending the International Energy Forum in New Delhi. He did not give a location for the project other than in ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Wed, April 11 2018. 11:36 IST
RECOMMENDED FOR YOU