Aramco to pick 20% each in new Andhra and Gujarat refineries
Saudi Aramco, the world's largest oil and gas company, is planning to invest in two new large refineries in India with a capacity of 12 million tonnes each. The total cost for these refineries is estimated to be Rs 2 lakh crore, with an initial investment of Rs 24,000 crore from Aramco. This move will strengthen the relationship between Saudi Arabia and India.