Saudi, Abu Dhabi NOCs’ India refinery delayed

Multinational

NEW DELHI, December 12, 2018 – A giant refinery being built by Indian state companies in partnership with Saudi Arabia’s Aramco and Abu Dhabi’s ADNOC has been delayed by two years.

A top official from Ratnagiri Refinery & Petrochemicals, the consortium undertaking the project, told Reuters on Tuesday that its commissioning would be delayed until 2025.

The USD 50-billion mega-refining complex, located in the western state of Maharashtra, is slated to process 1.2 million bpd when it comes online. The project will include a petrochemicals component.

The consortium official cited new availability of “detailed information on the configuration, availability of the people to build and so on” in explaining the new schedule.

Read our latest insights on:

• India
• Multinational
• Saudi Arabia

Previous

Eni starts up Angola’s Vandumbu field

Next

Cheniere in first Corpus Christi shipment