India and
Saudi Arabia
have signed an energy co-operation deal. The deal referred to as the ‘Delhi Declaration’ was signed during a
visit by King Abdullah to India.
The deal will see both pubic and private companies in the two countries
co-operating on projects. As part of the deal Saudi
Arabia will invest in oil handling facilities in India. The
declaration will also see the two countries work together on Information
Technology, Energy, and bio-technology and education.
The energy agreement follows on from a similar deal signed
between China and Saudi Arabia
earlier in the week.