India seeks Saudi Aramco, Adnoc backing for $45b oil refinery

India seeks Saudi Aramco, Adnoc backing for $45b oil refinery

Abdulrahman Essa Al Ateek, acting senior vice president, corporate affairs at Borouge, presents the Ruwais expansion plan, during the ADNOC Downstream Investment Forum in Abu Dhabi, United Arab Emirates, on Sunday, May 13, 2018. Photographer: Christophe Visieux/Bloomberg

Abu Dhabi National Oil Co. is looking into acquiring a stake in an Indian refinery as it plans to invest $45 billion at home to expand its Ruwais refining and petrochemicals complex.

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