Russia's Rosneft signs deal to boost oil supplies to India
12 Articles
12 Articles
Russia's Rosneft signs deal to boost oil supplies to Indian Oil Corp
MOSCOW (Reuters) - Russia's largest oil producer Rosneft and India's top refiner Indian Oil Corp have signed a term agreement to substantially increase oil supplies and diversify oil grades delivered to India, Rosneft said on Wednesday.
Russian Oil Giant Announces Deal to Substantially Increase Oil to India
The Russian oil corporation Rosneft announced on Wednesday that it had come to an agreement with the government-owned Indian Oil Corporation to "substantially increase oil supplies as well as diversify the grades to India."
Sanction-Hit Russia Announces Deal To Boost Oil Supplies To India: Report
Russian energy giant Rosneft announced a deal on Wednesday to ramp up oil sales to India, as Moscow seeks new buyers in the wake of tensions with the West over the Ukraine conflict. The Kremlin's decision to deploy its military to Ukraine last February saw Russia's share of the European market collapse as Kyiv's allies levied sanctions on the Russian oil sector. Rosneft said in a statement that its CEO Igor Sechin had travelled to India and brok…
Rosneft and Indian Oil sign agreement to increase oil supplies to India
Rosneft also noted that the parties discussed "ways of expanding cooperation between Rosneft Oil Company and Indian companies in the entire value chain of the energy sector, including possibilities of making payments in national currencies"
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