{"id":287324,"date":"2019-08-16T07:17:33","date_gmt":"2019-08-16T07:17:33","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=287324"},"modified":"2019-08-16T07:17:33","modified_gmt":"2019-08-16T07:17:33","slug":"saudi-arabia-to-regain-indias-top-oil-supplier-spot-after-reliance-deal","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/saudi-arabia-to-regain-indias-top-oil-supplier-spot-after-reliance-deal\/","title":{"rendered":"Saudi Arabia to regain India&#8217;s top oil supplier spot after Reliance deal"},"content":{"rendered":"<p>NEW DELHI: Saudi Arabian Oil Co (Aramco) buying a 20 per cent stake in Reliance IndustriesNSE -0.56 %&#8217; oil-to-chemical business will help it regain the position of being the biggest supplier of oil to the world&#8217;s fastest-growing oil market. <\/p>\n<p>Saudi Arabia, which traditionally has been India&#8217;s top oil source, lost the slot to Iraq during the last two financial years. <\/p>\n<p>This will change with Aramco buying 20 per cent stake in the RIL&#8217;s oil-to-chemical (O2C) business, which has an enterprise valuation of USD 75 billion as it will be accomp<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Saudi Arabian Oil Co (Aramco) buying a 20 per cent stake in Reliance IndustriesNSE -0.56 %&#8217; oil-to-chemical business will help it regain the position of being the biggest supplier of oil to the world&#8217;s fastest-growing oil market. Saudi Arabia, which traditionally has been India&#8217;s top oil source, lost the slot to Iraq during the last two financial years. This will change with Aramco buying 20 per cent stake in the RIL&#8217;s oil-to-chemical (O2C) business, which has an enterprise valuation of USD 75 billion as it will be accomp<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-287324","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/287324","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=287324"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/287324\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=287324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=287324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=287324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}