Land acquisition woes thwart India#39;s mega refinery plan with Saudi Aramco
(WorldNews Business)

The huge project was touted as a gamechanger for both parties - offering India steady fuel supplies and meeting Saudi Arabia`s need to secure regular buyers for its oil. Despite the obvious benefits, though, the prospects for the plan - in the works since 2015 - are growing dimmer by the day. Reuters @moneycontrolcom Watchlist Portfolio Message Set Alert live bselive nselive Volume Todays L/H More × At the International Energy Forum in Delhi in April, the world`s top oil producer Saudi Aramco inked a preliminary deal to partner with a consortium of Indian players to build a $44 billion refinery and petrochemical project on India`s west coast. The huge project was touted as a...