Russian energy company Rosneft is reportedly looking to develop a greenfield refinery in India in partnership with state-owned local refiners. India's state-run refiners are pursuing a new project as they scale-down plans for a proposed $44bn refinery on the country's west coast. Rosneft is understood to have had preliminary conversations with officials from state-run refiners and the Indian government regarding the new project, which would be separate from its current Gujarat refinery operation. It is unclear which local refiner will partner Rosneft but Indian Oil and Bharat Petroleum Corp Ltd. could be amongst potential candidates.