{"id":16539,"date":"2025-12-31T04:55:13","date_gmt":"2025-12-31T04:55:13","guid":{"rendered":"https:\/\/roydadnaft.ir\/English\/?p=16539"},"modified":"2025-12-31T04:55:13","modified_gmt":"2025-12-31T04:55:13","slug":"saudi-aramco-set-to-acquire-20-stake-in-bpcls-11-billion-indian-refinery-project","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/16539\/","title":{"rendered":"Saudi Aramco Set to Acquire 20% Stake in BPCL\u2019s $11 Billion Indian Refinery Project"},"content":{"rendered":"<div class=\"entry-content\" itemprop=\"description\"><p><span class=\"pre-content-text\"><a style=\"color: #0038a8;\" href=\"https:\/\/roydadnaft.ir\/English\/\">RoydadNaft &#8211; <\/a><\/span>\u00a0Saudi Aramco, the world\u2019s largest oil exporter, is advancing toward securing a major stake in India\u2019s expanding refining sector.<\/p>\n<p>According to reports from Business Standard and <a href=\"http:\/\/Oilprice.com\">Oilprice.com<\/a> (dated December 30, 2025), Aramco is expected to acquire a 20% stake in BPCL\u2019s upcoming refinery project in Andhra Pradesh.<\/p>\n<p>Key project details:<\/p>\n<p>\u2022<span class=\"Apple-converted-space\">\u00a0 <\/span>Location: Near Ramayapatnam port, Nellore district, Andhra Pradesh (east coast of southern India).<\/p>\n<p>\u2022<span class=\"Apple-converted-space\">\u00a0 <\/span>Capacity: 180,000 to 240,000 barrels per day (bpd), equivalent to 9-12 million tonnes per annum, with a strong focus on petrochemical integration.<\/p>\n<p>\u2022<span class=\"Apple-converted-space\">\u00a0 <\/span>Total Investment: Approximately $11 billion (around \u20b996,000-100,000 crore).<\/p>\n<p>\u2022<span class=\"Apple-converted-space\">\u00a0 <\/span>Timeline: Land (6,000 acres) already allocated by the Andhra Pradesh government; commercial operations targeted for January 2029.<\/p>\n<p>\u2022<span class=\"Apple-converted-space\">\u00a0 <\/span>Equity Structure: BPCL plans to retain majority control while diluting 30-40% to partners. This includes ~20% to Saudi Aramco, ~10% to Oil India Ltd (OIL), and 4-5% potentially to banks.<\/p>\n<p>The move aligns with India\u2019s push to expand refining capacity to meet booming demand\u2014India is now the world\u2019s third-largest oil importer and has overtaken China as the primary driver of global oil demand growth. For Saudi Aramco, the investment secures long-term crude sales outlets in a key Asian market.<\/p>\n<p>This development builds on earlier talks reported by Reuters in March 2025, where Aramco was negotiating stakes in both BPCL\u2019s Andhra project and a separate proposed refinery by ONGC in Gujarat. While no official confirmation has been issued by Aramco or BPCL, sources indicate negotiations are progressing, with final details to follow the completion of a detailed feasibility report.<\/p>\n<div class=\"post-date no-social-btn post-updated\">Updated on<time class=\"updated dt-updated\" itemprop=\"dateModified\" datetime=\"2025-12-31T04:55:13+00:00\"> 31 December 2025<\/time><\/div><\/div>","protected":false},"excerpt":{"rendered":"Saudi Aramco is set to take a 20% stake in BPCL\u2019s $11bn greenfield refinery\u2013petrochemical complex at Ramayapatnam port, as India\u2019s state refiner dilutes 30\u201340% of the project to strategic investors to meet rising fuel and petrochemical demand.","protected":false},"author":1,"featured_media":16540,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[47,46,36,19,16,35],"tags":[],"services":[],"class_list":["post-16539","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","category-international","category-lastnews","category-news","category-oil","category-topnews"],"_links":{"self":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts\/16539","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/comments?post=16539"}],"version-history":[{"count":0,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts\/16539\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/media\/16540"}],"wp:attachment":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/media?parent=16539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/categories?post=16539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/tags?post=16539"},{"taxonomy":"services","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/services?post=16539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}