India is looking forward to engaging with Russia in energy sector: Hardeep Singh Puri
The Hindu
‘We used to buy very limited quantities of oil from Russia up to March 31, 2022, and now Russia has become a prominent supplier along with the UAE, Saudi Arabia, Iraq, Kuwait,” Mr. Puri said
Minister of Petroleum and Natural Gas Hardeep Singh Puri on Friday said India is looking forward to engaging with all countries, including Russia, in the energy sector.
Mr. Puri said prior to March 31, 2022, India was buying oil in very limited quantities but now Russia has become a prominent supplier along with some middle-eastern countries.
“We used to buy very limited quantities of oil from Russia up to March 31, 2022, which was 0.2%, and now Russia has become a prominent supplier along with the UAE, Saudi Arabia, Iraq, Kuwait,” Mr. Puri said.
Mr. Puri, when asked for his views on Prime Minister Narendra Modi’s telephone conversation with Russian President Vladimir Putin on Friday, said, ”I look forward to more comprehensive and intensified engagements with all countries in the sector of energy, including the Russian Federation.”
He added that India’s cooperation with Russia on energy is very widespread. “If I am not mistaken, the Russian investment in the Indian sector is about $13 billion and our companies have invested $16 billion in Russia,” he added.
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