Russia’s Rosneft and Indian Oil Company reached an agreement to substantially increase supplies of oil to India and diversify its grades, Rosneft said.

  • Both parties also discussed the expansion of cooperation in the energy industry, particularly the implementation of joint projects between Rosneft and Indian partners, including Sakhalin-1, Taas-Yuryakh and Vankorneft.

OIL: Russia’s Rosneft To Boost Oil Supplies To India

Last updated at:Mar-29 10:25By: Felicia Grosse

Russia’s Rosneft and Indian Oil Company reached an agreement to substantially increase supplies of oil to India and diversify its grades, Rosneft said.

  • Both parties also discussed the expansion of cooperation in the energy industry, particularly the implementation of joint projects between Rosneft and Indian partners, including Sakhalin-1, Taas-Yuryakh and Vankorneft.