2018
Question
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Abu Dhabi National Oil Company (ADNOC) and Saudi Aramco have signed a Memorandum of Understanding (MoU) to jointly develop and build an integrated refinery at
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Telangana
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Kerala
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Maharashtra
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West Bengal
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Explanation:
Detailed explanation-1: -“Saudi Aramco and Adnoc signed an MoU (memorandum of understanding) today to jointly develop and build an integrated refinery and petrochemicals complex at Ratnagiri in Maharashtra, ” the Indian government said after the agreement was inked in New Delhi on Monday.
Detailed explanation-2: -Aramco and ADNOC joined a consortium of state-run firms in 2018 to set up a 1.2 million barrels-per-day coastal refinery and petrochemical plant in western Maharashtra, seeking a reliable outlet for their oil.
Detailed explanation-3: -Who We Are. We are a UAE based refiner with a global reach. Every year, we supply more than 40 million tons of high-quality refined products to markets around the world.
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