Gas partnership between Russia and India expands with LNG as cornerstone

No time to read?
Get a summary

Russia and India are assessing ways to boost gas deliveries, including in liquefied natural gas form. This update comes via TASS, reporting statements from Deputy Prime Minister Alexander Novak.

Novak explained that current deliveries amount to three million tonnes of LNG per year, representing gas extracted from Russian projects. He added that there are concrete hopes for expanding collaboration in the gas sector and increasing Russian gas supplies over time.

During the Kremlin talks, Novak noted that Russia expects India to agree to broader cooperation on gas production, including potential activity on the Arctic shelf and Sakhalin Island. The objective is to deepen energy partnerships and secure a steadier supply path for both countries as their trade and strategic ties expand.

Analysts and observers point to the broader context of growing bilateral engagement. A political analyst and founder of the Center for International Interaction and Cooperation observed that the Indian prime minister’s visit to Russia underscored New Delhi’s aim to pursue constructive, mutually beneficial relations with Moscow. This perspective situates the gas dialogue within a wider framework of collaboration across energy, trade, and strategic sectors.

Over the past decade, trade between Russia and India has trended upward, reflecting a mutual interest in diversifying energy sources and strengthening economic ties. Experts highlight that LNG and other natural gas formats offer both nations opportunities to balance energy security with market demand, while also enabling a broader platform for cooperation beyond traditional energy exchanges. The narrative points to ongoing reviews of project-based opportunities, potential joint ventures, and policy coordination that could facilitate faster decision-making and project deployment.

In this evolving environment, industry watchers emphasize the importance of transparent governance, regulatory alignment, and predictable commercial terms to attract investment. They argue that sustained dialogue at the highest levels, supported by pragmatic steps on LNG infrastructure, storage, and regasification capacity, will be essential to realize the anticipated expansion in gas cooperation between Moscow and New Delhi. The discussions also reflect a shared aim to leverage Russia’s gas resources with India’s growing energy needs, while navigating the evolving global energy market and geopolitical considerations that influence gas trade flows. Slated milestones and prospective agreements are likely to surface as both governments continue to engage in preparatory talks and technical assessments, with the expectation that concrete deals could emerge in the near to medium term, subject to regulatory approvals and market conditions. [Source: TASS] [Analyst perspective: Center for International Interaction and Cooperation]

No time to read?
Get a summary
Previous Article

Vienna Talks: OSCE Forum Access, Perceived Double Standards, and Security Dialogue

Next Article

{"title":"Rewritten Market Trends in Moscow’s Housing Sector"}