Saudi Arabia and India at Odds Over Crude Supply to Possible Joint Refineries ...Middle East

OILPRICE - Economy
Saudi Arabia and India at Odds Over Crude Supply to Possible Joint Refineries
source : OILPRICE ( Middle East ) () 35
Last month, Saudi Arabia and India agreed to boost energy cooperation, including by potential Saudi investment in two refineries in the world’s third-largest crude oil importer. However, initial talks have already hit a snag as the world’s top crude exporter, Saudi Arabia, is at odds with India over the pricing and volumes of crude it will supply for the refineries, sources with knowledge of the matter told Bloomberg on Monday. At the end of April, Saudi Arabia and India agreed to enhance cooperation in the energy sector, including…

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