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Saudi to double India crude oil exports

Riyadh, June 5, 2011

Saudi Arabia, the largest supplier of crude oil to India, is set to double its export volumes to 40 million tonnes per annum amid growing energy demands in the country, said a senior official at a recent summit in Riyadh.

'Both countries are also working to diversify their seller-buyer relationship into a strategic energy partnership with co-operation in upstream and downstream projects in the field of oil and gas,' said the Indian official while speaking at the 'Saudi Energy 2011,' the 14th International Show for Electricity, Lighting, Power Generation, Water Technology, and HVAC for Saudi.

Dr Saleh Bin Hussein Al Awaji, Deputy Minister for Electricity, opened the event which was held concurrently with Electricity Efficiency Forum and Saudi Build – The PMV Series 2011 at the Riyadh International Convention and Exhibition Centre.

The summit concluded four days of business-to-business networking activities and displayed the latest developments and emerging trends within the buoyant Saudi energy sector. More than 300 exhibitors from 19 countries took part.-TradeArabia News Service




Tags: Saudi | India | Crude | Oil Exports | double |

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