By Our Correspondent
NEW DELHI/BHUBANESWAR: Union PNG-Steel Minister Dharmendra Pradhan has held talks with Rosneft CEO Igor Sechin over video-conference on the evolving global oil & gas markets amidst the effects of Covid-19 pandemic, and in the context of production cuts announced by OPEC+ countries including Russia.
“Had fruitful discussion with CEO Rosneft , H.E. Mr. Igor Sechin over video-conference on the evolving global oil & gas markets amidst the effects of #Covid-19 pandemic, and in the context of production cuts announced by OPEC+ countries including Russia,” Pradhan twitted.
“We both deliberated upon enhancing cooperation between Indian oil & gas PSUs and Rosneft in the current challenging environment for global energy markets.Thanked Sechin for facilitating the delivery of the first cargo of Urals Grade Russian crude oil at Paradip port last month- under the first-ever Term Contract between Rosneft and Indian Oil Corporation Ltd,” the Union Minister said.
“Also reviewed the oil & gas investments already made by Indian PSUs in Russia, as well as those by Rosneft in India, and the developments associated with Vostok project,” he added.
