Business Council
for Cooperation with India

The amount of Russian oil in India will increase

26 Sep 2019 Russia india oil
The meeting was held between Indian Oil Minister Dharmendra Pradhan and the head of Rosneft, Igor Sechin. She passed in India. During the meeting, it was decided to increase the amount of fuel processing at the Indian Vadinar plant by almost 2 times. A consortium of investors, which includes Rosneft, has committed to invest $ 850 million in the construction of a petrochemical facility over the next two years.
The Indian side has expressed great interest in participating in Russian projects. Including in the East Oil project.
“Russia seems to be a reliable energy supplier for India. She plans to increase the volume of deliveries of Russian oil and oil products in accordance with the growing volume of projects that we are implementing with the Indians jointly, commented on the talks by the Director General of the Center for Political Information Alexei Mukhin. - Now the Indians are very interested in the Vostok Oil project - the project to create an Arctic supercluster - and expect the Russian regulator to agree on normal investment conditions for its implementation. The Indians have already entered a number of Russian mining projects and, apparently, are not going to stop. ”
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