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The company plans to produce 9.8 million barrels of oil a day in March, said Amine al-Nasser, chief executive officer of Saudi Aramco.
"We plan to use 2 to 3 million barrels of oil per day in the petrochemical industries," he said, citing Aramco's need to expand its operations and presence in the US. India, reported Reuters.
"Investment in India is a priority for the company and it expects the country's oil demand to reach 8.2 million bpd / d by 2040," Nasser said. at a round table in New Delhi.
The Saudi Crown Prince is visiting India with business leaders and representatives of Saudi companies at the invitation of Indian Prime Minister Narendra Mudi.
"India hopes to strengthen its relations with Saudi Arabia," said Sanjeev Singh, chairman of the Indian Petroleum Corporation, the country's largest crude oil refiner.
The Saudi Basic Industries Corporation (SABIC), the world's fourth largest producer of petrochemicals, will also be among the participants.
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