India mulls joining Russia’s Arctic LNG 2 project ...News

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India mulls joining Russia’s Arctic LNG 2 project
India is in talks with the Russian energy giant Novatek to buy a 9.9% stake in the Arctic LNG 2 project, the Interfax news agency reported on Monday citing its sources. According to people familiar with the matter, the purchase of shares is being discussed by Indian companies Oil & Natural Gas Corporation Limited (ONGC) and Petronet LNG. India’s energy minister, Hardeep Singh Puri, said last week during Russia’s Eastern Economic Forum that “A number of new potential investments have been discussed, including Vostok Oil, Arctic LNG 2, petrochemical projects.”  He added: “I am sure that in the coming months, all this will lead to a stren

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