Novak commented on the expansion of gas trade between Russia and India 16:08

Russia and India are exploring opportunities to increase gas supplies, including in the LNG format. TASS said Russian Deputy Prime Minister Alexander Novak.

“First of all, we currently supply 3 million tons of liquefied natural gas per year. This is Russian gas from Russian projects. Secondly, in principle, we have hopes to expand cooperation in the gas sector and supplies of Russian gas,” Novak said on the sidelines of negotiations in the Kremlin.

Novak, who was part of the delegation at the Russia-India talks, added that Russia counted on India’s agreement to cooperate on gas production both on the Arctic shelf and on Sakhalin.

Former political scientist, founder of the Center for International Interaction and Cooperation Alexei Malinin statedHe stated that Indian Prime Minister Narendra Modi’s visit to Russia has once again demonstrated that India is trying to establish constructive and mutually beneficial relations with Russia.

It was before sort of Trade turnover between Russia and India has grown over the last 10 years.

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Source: Gazeta


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