{"id":343291,"date":"2020-03-24T12:17:08","date_gmt":"2020-03-24T06:47:08","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=343291"},"modified":"2020-03-24T12:55:22","modified_gmt":"2020-03-24T07:25:22","slug":"india-on-aramco-radar","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/india-on-aramco-radar\/","title":{"rendered":"India on Aramco radar"},"content":{"rendered":"<p>Saudi Aramco, the world\u2019s biggest oil exporter, has said it was focusing its downstream investments in high-growth nations such as India as it negotiates a deal to buy up to a 20 per cent stake in Reliance Industries\u2019 $75-billion oil-to-chemical business.<\/p>\n<p>In its latest annual report, Aramco said it was looking at investment opportunities in high-growth markets as well as nations that rely on importing crude oil.<\/p>\n<p>India is the world\u2019s fastest-growing energy market with fuel consumption rising at 4-5 per cent annually. It also relies on imports to meet 83 per cent of oil needs.<\/p>\n<p>Saudi Arabia is its second-biggest oil supplier, exporting close to a fifth of the oil sourced from abroad.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saudi Aramco, the world\u2019s biggest oil exporter, has said it was focusing its downstream investments in high-growth nations such as India as it negotiates a deal to buy up to a 20 per cent stake in Reliance Industries\u2019 $75-billion oil-to-chemical business. In its latest annual report, Aramco said it was looking at investment opportunities in high-growth markets as well as nations that rely on importing crude oil. India is the world\u2019s fastest-growing energy market with fuel consumption rising at 4-5 per cent annually. It also relies on imports to meet 83 per cent of oil needs. Saudi Arabia is its [&hellip;]<\/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":[130,215,148],"tags":[],"class_list":["post-343291","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-telegraph","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/343291","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=343291"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/343291\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=343291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=343291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=343291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}