Saudi Arabia, Reliance In Talks For Refinery, Petrochemical Project

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(PTI)

World’s largest oil exporter Saudi Arabia and richest Indian Mukesh Ambani-run Reliance Industries are discussing joint investment in petrochemicals and refinery projects, the Saudi Oil Minister Khalid al-Falih said.

Al-Falih, who has known Ambani for over a decade now, travelled to Udaipur earlier this month to attend the pre-wedding festivities of Ambani’s daughter Isha’s marriage with Ajay Piramal’s son Anand. During that visit, he also held talks with Ambani but choose to tweet about those discussions only this week. In an Arabic tweet, which was translated using online tools, Al-Falih said he was delighted to meet Ambani.

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