SAUDI - INDIA'S REFINERY: $44 BLN
PLATTS - India's state-run refiners and Saudi Aramco signed an agreement Wednesday to jointly build an integrated refinery and petrochemical complex on India's west coast at a cost of $44 billion, Saudi energy minister Khalid al-Falih said.
Aramco will hold a 50% stake in the project, he told reporters on the sidelines of the International Energy Forum in New Delhi.
Work will start in a phased manner and the entire project is expected to be completed by 2025, Aramco CEO Amin Nasser…
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South Korea's economy has been pushing to shed its heavy reliance on coal and nuclear power, with the latest target coming on top of a 2017 plan to increase the amount of renewables in its energy mix to 20 percent by 2030.
The International Monetary Fund (IMF), has forecast the UAE’s nominal Gross Domestic Product (GDP) to grow 4.7 percent to AED1.673 trillion in 2019, compared to AED1.589 trillion a year ago.
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