India looking to raise oil imports from Russia after Saudi attacks: Pradhan

Topics Saudi Arabia | Russia | oil import


India is looking at raising oil imports from Russia, its oil minister said on Tuesday, at a time of surging oil prices after an attack on Saudi Arabian facilities halved the kingdom's production. Russia is jostling to capture market share in fast-growing India against rivals Saudi Arabia, Qatar and United Arab Emirates.

Dharmendra Pradhan said he had met the chief executive of oil producer Rosneft and that four Indian companies planned to increase their investment in Russian oilfields. "Today I met excellency Igor.

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