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Uae Looks To Invest In Refining, Petrochemicals, Oil Storage In India

by daijiworld.com posted 2months ago 46 views
Greater Noida, Feb 11 (IANS): The United Arab Emirates (UAE) said on Monday that it is looking at investing more in refining and petrochemical projects in India, as well as pumping more crude oil into the latter's strategic petroleum reserves. Speaking to reporters here after receiving the Lifetime Achievement Award at the Petrotech 2019 global energy conference from Prime Minister Narendra Modi, UAE Minister of State and CEO Abu Dhabi National Oil Co (ADNOC) Sultan Ahmed Al Jaber said his country is looking to go beyond only selling crude to India and wants to develop a strategic partnership.

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