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Rosneft to Supply 2 Million Tonnes of Oil to Indian Oil Corporation

Gasoil News - Published on Tue, 11 Feb 2020

Image Source: IOC Roeneft
Rosneft Oil Company and Indian Oil Corporation Limited signed a contract to supply up to 2 million tonnes of oil to India via the port of Novorossiysk by the end of 2020. The signing took place during the visit of the Chief Executive Officer of Rosneft Igor Sechin to New Delhi. During this visit, a working meeting was also held with Dharmendra Pradhan, Minister for Petroleum and Natural Gas of India.

An important subject of talks between Sechin and Pradhan was the issue of providing Indian consumers with quality crude and petroleum-based products, including increasing in Russian oil supplies to India. During the meeting, the parties discussed the ongoing joint projects of Rosneft and Indian companies, including Sakhalin-1, Taas-Yuryakh, the Vankor cluster (a consortium of Indian companies owns 49% in the Vankor cluster field), Far East LNG, and Nayara Energy.

Source :

Posted By : Yogender Pancholi on Tue, 11 Feb 2020
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