Indian state to move planned Saudi Aramco refinery after farmers protest [Reuters]
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Source: Reuters
Indian state to move planned Saudi Aramco refinery after farmers protest | Reuters 3 Min Read MUMBAI (Reuters) - Opposition from farmers has prompted India’s western state of Maharashtra to move the location for what would be the country’s biggest oil refinery, Chief Minister Devendra Fadnavis said. Stare-run oil companies and Saudi Aramco have teamed up to build the $44 billion refinery, which is aimed at giving India steady fuel supplies while meeting Saudi Arabia’s need to secure regular buyers for its oil. But thousands of farmers are refusing to surrender land, fearing it could damage a region famed for its Alphonso mangoes, vast cashew plantations and fishing hamlets that boast bountiful catches of seafood. After their protests, land acquisition has been stopped for the refinery at the proposed site at Nanar, a village in Ratnagiri district, some 400 km (250 miles) south of Mumbai, Fadnavis said on Monday. The refinery will be built at a place where local population won’t oppose
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