What are Saudi Arabia and the United Arab Emirates doing together in India at a cost of billions of dollars? خبرآگئی
Riyadh (Web Desk) Saudi Arabia, UAE will set up a $ 70 billion refinery in India; a complex will be constructed in the Indian state of Maharashtra to supply 6 million barrels of oil per day to India.
According to details, Saudi Arabia and United Arab Emirates discussed the setting up of a $ 70 billion refinery in India’s western state of Maharashtra. According to foreign media, new data of US $ 70 billion was made by Saudi Arabia. The announcement came after a meeting between Mohammed bin Salman and Abu Dhabi’s guardian Ehud Mohammed bin Zayed Al Nahyan yesterday.
The investment plan announced in 2018 was discussed between the two leaders. The refinery and petrochemicals complex is being constructed through this investment, where 6 million barrels of Saudi and UAE crude is sold for the Indian market, the statement said. Oil will be supplied.