Saudi Aramco opens new Aramco Asia India office

09 October 2017

Saudi Aramco has recently marked another significant milestone in its international portfolio expansion with the opening of Aramco Asia India’s new office in New Delhi.

Amin H. Nasser, Saudi Aramco President and CEO, has inaugurated the office in the presence of H.E. Shri Dharmendra Pradhan India’s Minister of Petroleum and Natural Gas and Skill Development and Entrepreneurship, Saudi Ambassador to India H.E. Dr. Saud Alsati, Indian government officials, heads of Indian major oil companies, as well as business and industry partners.

According to Nasser, India is an investment priority, high volume of new business opportunities awaits to be unlocked from potential synergy between Saudi Aramco and Indian entities with Aramco Asia India providing the vital strategic link between the company’s headquarters in Dhahran and New Delhi.

Saudi Aramco awaits to play a role in India’s economic growth and development, on top of the company’s existing role as a leading oil supplier to India for many years.

The New Delhi office will assume major roles in attracting more Indian manufacturers and investors to participate in the company’s In-Kingdom Total Value Addition, or IKTVA program. It will also strive towards qualifying more vendors in commodities which Saudi Aramco requires for its projects and operations. India imports 81% of its oil need from abroad.

Nasser will also attend the inaugural India Energy Forum by CERAWeek.

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