”A new era in relations between India and Saudi Arabia”

At the end of King Abdullah’s 4 day visit , India and Saudi Arabia signed an agreement to develop strategic cooperation in the energy sector and in other areas with a view to “combating and eradicating the threat of terrorism”.

India will receive increased supplies of crude oil. The energy deal will be realized by both private and public joint ventures to further develop Arabia’s deposits: Oil and Natural Gas Corp, India’s state-owned energy giant, is planning to rope in Saudi Aramco, the world’s largest oil producer, as its equity partner for the 7.5-million-tonne-per-annum Kakinada refinery project in Andhra Pradesh.
AsiaNews