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US to talk with India's Reliance about refining more Venezuelan oil

The Trump administration will hold talks with representatives of Indian multinational conglomerate Reliance Industries Limited about the possibility of refining more Venezuelan oil, Bitácora Económica reported in its coverage.

By Redacción SurEconomics ·

US to talk with India's Reliance about refining more Venezuelan oil

The Trump administration will hold talks with representatives of Indian multinational conglomerate Reliance Industries Limited about the possibility of refining more Venezuelan oil, Bitácora Económica reported in its coverage.

The discussion is part of an official trip with commercial and diplomatic aims by U.S. Secretary of State Marco Rubio to India. The official arrived in the Asian country to hold meetings with local authorities and assess deepening bilateral ties in energy.

During his stay, Rubio said India has made progress in diversifying its energy suppliers and noted that Washington seeks to expand its energy sales to the Asian nation. Trade negotiations between the two countries are taking place as new crude supply alternatives are being evaluated for the region's refining powers.

U.S. authorities are seeking to align energy cooperation with Washington's commercial and security interests in the international market, weighing the participation of key companies in hydrocarbon processing.