VOL. XXXIX

No. 43

22-July-1996

SAUDI ARABIA

Indian Government Approves Refining Venture With Saudi Aramco

The Indian Government has approved plans for a joint- venture refinery between the state-controlled Hindustan Petroleum Corporation of India and Saudi Aramco, the Indian Junior Petroleum Minister, Mr. T. R. Balu, told parliament on 17 July. The minister added that the refinery, with a capacity of 6mn tons/year (about 120,000 b/d), will be built in the northern Indian state of...