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Russia and India discuss joint oil and gas projects
The Minister of Oil, Natural Gas and Steel of India, Dharmendra Pradhan, in a video conference format, held talks with the Minister of Energy of Russia Alexander Novak. They discussed the global scenario for the development of the oil and gas industry and examined issues of bilateral cooperation in the oil and gas industry and the coking coal sector.
According to the press service of the Indian Embassy in Moscow, Alexander Novak briefly spoke about the recently signed OPEC + agreement. Dharmendra Pradhan noted that for India, as a consumer country, this agreement is important, and stressed that the Indian economy will continue to be the center of demand for hydrocarbons.
The ministers also considered bilateral projects. Collaboration continues, despite the restrictive measures introduced because of the coronavirus pandemic. The parties paid special attention to cooperation in the coking coal sector, Alexander Novak welcomed the proposal of Dharmendra Pradhan to organize a meeting of the working group as soon as possible for the subsequent conclusion of a memorandum of understanding.