Russia ready to meet India’s oil demand – Rosneft ...News

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Russia ready to meet India’s oil demand – Rosneft
Future energy cooperation will be based on market prices, according to CEO Igor Sechin Russia is willing to meet India's oil needs at the “market price,” Reuters reported on Monday, citing Igor Sechin, the head of energy giant Rosneft. New Delhi currently buys Russian oil at a discount due to Western sanctions. When asked by the media outlet if Moscow would offer an additional stake in its Sakhalin-1 project to ONGC Videsh or other Indian companies, Sechin explained that such a decision was up to the Russian government. Last year, Moscow approved the requests of India’s ONGC and Japan’s Sakhalin Oil and Gas Develo

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