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ADNOC, Saudi Aramco sign deal to invest in $44B mega refinery and petrochemicals complex in India Volver

New Delhi, India-His Highness Sheikh Abdullah bin Zayed bin Sultan Al Nahyan, UAE Minister of Foreign Affairs and International Cooperation, and Shri Dharmendra Pradhan, India's Minister of Petroleum and Natural Gas, witnessed the signing of a framework agreement, between the Abu Dhabi National Oil Company (ADNOC), Saudi Aramco (Aramco) and a consortium of three Indian oil companies, to explore a strategic partnership and co-investment in the development of a new US $44 billion mega refinery and petrochemicals complex at Ratnagiri, on India's west coast.