BUSINESS

Kuwait petro keen to partner with RIL

Source:PTI
December 06, 2007 13:28 IST
Kuwait Petroleum Corporation (KPC) is in talks with Reliance Industries and Indian Oil Corporation for investing in refineries and petrochemical plants in the country.

"In India, we are looking for a refinery and petrochemical joint venture... We talked to everybody in India, one of them is Reliance. We want to see what is the best opportunity for us," KPC's CEO Saad Ali Al-Shuwaib said.

He had met Reliance Industries officials in Mumbai on Wednesday and called on Petroleum Minister Murli Deora on Thursday followed by a meeting with the IOC board.

Source: PTI
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