Deora calls on Russian PM Putin at Moscow

November 5th, 2008 - 11:08 pm ICT by ANI  

Moscow , Nov 5 (ANI): Union Minister of Petroleum and Natural Gas Murli Deora met Russian Prime Minister Vladimir Putin today at Moscow and emphasized that India seeks to enhance growing synergy between India and Russia in the oil and gas sector on a long term basis.

He pointed out India s interest in participating in Sakalin-3 project. He also referred to India s desire for formation of joint venture between ONGC Videsh Limited (OVL) and Rosneft for taking up exploration and development projects in east Siberia .

Deora reiterated that India welcomes participation of Russian companies in the green field refineries and petrochemical projects in India besides in the exploration and production area.

The Minister has been supportive of Russian and Indian companies joining hands to take up oil and gas projects not only in India and Russia but also in other countries.

At a meeting with his Russian counterpart Sergy Shemato, Minister of Energy last night at Moscow Deora underlined that it would be in the mutual interest of both countries to closely engage as Russia is energy rich and India is an energy deficit country.

He pointed out that Russian companies could participate in India s growing oil sector including downstream market.

Deora invited Russian participation in the India-CIS Roundtable on Hydrocarbons being organized by India in New Delhi during November 25-26.

He pointed out that the event aims to further strengthen ties between India and CIS countries particularly Russia .

Secretary (PNG) R.S. Pandey, CMD (ONGC), R.S. Sharma and MD (OVL) R.S. Butola are accompanying the Minister. (ANI)

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