Adnoc to expand Asia downstream investment

NEW DELHI: Abu Dhabi National Oil Company (Adnoc) is seeking to invest in more downstream assets, mainly in refining and petrochemicals, in strategic locations like India to find a stable outlet for its oil, said its CEO, Sultan Ahmed Al Jaber. “India is not only an important market for us. India is a very strategic partner for UAE, spanning all ... sectors, energy being one of (them),” he said.