{"id":287594,"date":"2019-08-17T07:31:41","date_gmt":"2019-08-17T07:31:41","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=287594"},"modified":"2019-08-17T07:57:14","modified_gmt":"2019-08-17T07:57:14","slug":"saudi-aramco-defends-its-hold-on-coveted-indian-oil-market-with-reliance-tie-up","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/saudi-aramco-defends-its-hold-on-coveted-indian-oil-market-with-reliance-tie-up\/","title":{"rendered":"Saudi Aramco defends its hold on coveted indian oil market with Reliance tie-up"},"content":{"rendered":"<p>Saudi Aramco\u2019s proposed purchase of part of Reliance Industries Ltd will allow it to regain its grip on the world\u2019s fastest-growing oil market, where suppliers including the US and Russia are making inroads. <\/p>\n<p>Aramco\u2019s plan to buy 20 per cent of the oil-to-chemicals business of Reliance \u2014 which includes the world\u2019s biggest refining complex at Jamnagar \u2014 comes with an assurance to buy half a million barrels a day of the kingdom\u2019s crude on a long-term basis. That is around 25 million tons a year and will allow Saudi Arabia to easily reclaim the top supplier spot from Iraq.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saudi Aramco\u2019s proposed purchase of part of Reliance Industries Ltd will allow it to regain its grip on the world\u2019s fastest-growing oil market, where suppliers including the US and Russia are making inroads. Aramco\u2019s plan to buy 20 per cent of the oil-to-chemicals business of Reliance \u2014 which includes the world\u2019s biggest refining complex at Jamnagar \u2014 comes with an assurance to buy half a million barrels a day of the kingdom\u2019s crude on a long-term basis. That is around 25 million tons a year and will allow Saudi Arabia to easily reclaim the top supplier spot from Iraq.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-287594","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/287594","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=287594"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/287594\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=287594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=287594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=287594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}