{"id":150571,"date":"2018-02-23T11:42:12","date_gmt":"2018-02-23T11:42:12","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=150571"},"modified":"2018-02-23T11:42:12","modified_gmt":"2018-02-23T11:42:12","slug":"india-offers-saudi-arabia-stake-in-second-phase-of-strategic-oil-reserve","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/india-offers-saudi-arabia-stake-in-second-phase-of-strategic-oil-reserve\/","title":{"rendered":"India offers Saudi Arabia stake in second phase of strategic oil reserve"},"content":{"rendered":"<p>India has offered Saudi Arabia a stake in the second phase of the south Asian nation&#8217;s yet-to-be-built strategic oil reserves, Oil Minister Dharmendra Pradhan said in New Delhi on Friday. <\/p>\n<p>The government also discussed with Saudi Arabia investment opportunities in a proposed oil refinery with 1.2 million barrels per day of capacity on the west coast of India and a petrochemicals project in the south of India, Pradhan said. <\/p>\n<p>Pradhan said India has sought reasonable oil prices from Saudi Arabia that will make crude economical to Indian state-owned refineries without hurting the &#8216;interest&#8217; of Saudi Arabia.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India has offered Saudi Arabia a stake in the second phase of the south Asian nation&#8217;s yet-to-be-built strategic oil reserves, Oil Minister Dharmendra Pradhan said in New Delhi on Friday. The government also discussed with Saudi Arabia investment opportunities in a proposed oil refinery with 1.2 million barrels per day of capacity on the west coast of India and a petrochemicals project in the south of India, Pradhan said. Pradhan said India has sought reasonable oil prices from Saudi Arabia that will make crude economical to Indian state-owned refineries without hurting the &#8216;interest&#8217; of Saudi Arabia.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[133],"tags":[],"class_list":["post-150571","post","type-post","status-publish","format-standard","hentry","category-oil-gas"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/150571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=150571"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/150571\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=150571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=150571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=150571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}