India Importing More Oil from Saudi Arabia
In a deal with Saudi Arabia, India has increased its supply of oil from the Arab nation from 25.5 million tons a year to 40 million tons a year, equal to about 770,000 barrels a day.
India also wants to increase its imports of heavier crude oil a well, from Saudi Arabia.
Plans are for three new refinery plants in India to increase the overall refining capacity in the country to about 178 million tons a year by the end of 2012, which would represent about a 20 percent increase if they succeed.
India Importing More Oil from Saudi Arabia
Showing posts with label Oil Imports. Show all posts
Showing posts with label Oil Imports. Show all posts
Tuesday, March 2, 2010
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