Analysis: Saudi Aramco courts Reliance to push downstream dream in India
Nidhi Verma, Florence Tan - Reuters
February 25, 2019
Who was cited:
Sri Paravaikkarasu, Director of Asia Oil and Head of East of Suez Oil Service FGE
Saudi Aramco and Reliance Industries have intensified discussions on potential joint venture opportunities in India's downstream sector, a sign that the Middle Eastern producer is keen to accelerate its investment plan into top gear in one of Asia's fastest growing oil markets.