India to boost crude imports from Russia after Saudi oil attacks ...News

Russia Today - News
India to boost crude imports from Russia after Saudi oil attacks
source : Russia Today ( News ) () 24
The world’s third-largest oil consumer, India, is seeking to increase oil imports from Russia following drone attacks on Saudi Arabia’s oil facilities.The kingdom is the second biggest supplier of crude to India after Iraq. India’s Minister of Petroleum Dharmendra Pradhan told reporters he had met with the Russian oil producer Rosneft’s CEO, Igor Sechin, to discuss the possibility of oil imports. Four Indian companies have plans to increase their investment in Russian oilfields, said Pradhan. Rosneft and India have also discussed the development of Nayara Еnergy, a company in which the Russian oil producer holds a majority stake.

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