Saudi Arabia and the United Arab Emirates have discussed to develop the planned mega crude refinery in Maharashtra at an initial cost of 70 billion US Dollars. It will have a capacity of 1.2 million barrels per day integrated with a modern petrochemical complex.<br />''<br />''Sheikh Mohammed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Mohammed Bin Salman Bin Abdul Aziz, Saudi Arabia's Crown Prince, Deputy Prime Minister and Minister of Defence jointly presided over the 2nd meeting of Saudi Emirati Coordination Council in Abu Dhabi. The two oil rich nations discussed ways and means to secure the supply of at least 600,000 barrels per day of Saudi and Emirati crude oil for Indian market.<br />''<span style="color: #222222;"><br />''The meeting comes as part of efforts by Saudi and UAE to activate all aspects of cooperation that leads to full integration in economy, knowledge and human development, and military. The UAE and Saudi Arabia signed four MoUs during the meeting and reviewed seven strategic ties. Saudi Prince is currently on a State visit to UAE. </span><br />