Call between Russian Deputy PM and Oil Minister Hardeep Puri comes after U.S. banned oil imports from Moscow.
Beleaguered by sanctions from the western countries and a ban on fuel exports to the United States, Russia is keen to increase its oil and petroleum product exports to India and India’s investments in the Russian oil sector, Russian Deputy Prime Minister Alexander Novak conveyed to Petroleum Minister Hardeep Puri on Friday. According to a statement issued by the Russian government, Mr. Puri spoke to Mr. Novak, who was also the former Energy Minister, about the possibilities of strengthening the India-Russia strategic partnership in the energy sector.
“Russia’s oil and petroleum product exports to India have approached $1 billion, and there are clear opportunities to increase this figure,” said a statement issued IN Moscow.