Petroleum minister Mani Shankar Aiyar is arriving here on Saturday on a four-day visit during which he is to address an international energy forum besides holding talks with Russian oil majors
Published:
23 October 2004 y., Saturday
Indian petroleum minister Mani Shankar Aiyar is arriving here on Saturday on a four-day visit during which he is to address an international energy forum besides holding talks with Russian oil majors.
Mr Aiyar’s visit would set the “energy agenda” for the summit between Prime Minister Manmohan Singh and Russian president Vladimir Putin in December in New Delhi, diplomatic sources said.
During the visit, Mr Aiyar would meet Alexei Miller, the CEO of world’s largest natural gas company Gazprom and the leadership of other Russian oil majors, the sources said.
With the soaring oil prices in the world market, Russia has become a hot spot for long-term investment in energy sector.
India’s ONGC Videsh Limited - the overseas arm of ONGC has already invested $1.7 billion in Russia’s Sakhalin-1 offshore bloc on production sharing basis and is looking for more investment opportunities.
During the last India-Russia summit in Moscow in November 2003, then prime minister Atal Bihari Vajpayee and Mr Putin had agreed on “closer business dialogue” on energy.
Šaltinis:
financialexpress.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The Gas Coordination Group, chaired by the Commission, met this afternoon to analyze in detail all elements of the preparedness of the EU and the Energy Community for a potential supply disruption in the Winter 2009/2010.
more »
In a meeting of the European Bank Coordination Initiative Group, held in Brussels, the parent banks of the nine largest banks operating in Romania reaffirmed their commitment to maintain their exposure to the country and ensure adequate capital levels over 10 percent for their affiliates.
more »
Airline airBaltic has informed of its plans to resume some flights from Vilnius International Airport before the end of this year.
more »
The European Commission has approved under EC Treaty state aid rules the restructuring plan of Lloyds Banking Group.
more »
"Finance and climate change" was under discussion at a 10 November hearing in parliament's Industry, Research and Energy Committee.
more »
The International Monetary Fund announced today the sale of 2 metric tons of gold to the Bank of Mauritius, the nation’s central bank.
more »
The euro area economy grew by 0.4% in the third quarter. Is the crisis over?
more »
After lots were drawn, ten winners of Danske Bankas scholarships and one winner of an iPod shuffle player were established.
more »
From 16 November 2009, AB Bank SNORAS network starts providing new products – one can sign agreements of “Finasta Asset Management” II level pension accumulation funds in all subdivisions of the bank.
more »
The expected turnaround in the Baltic Rim economies is likely to gradually improve the business opportunities for Nordic companies operating in the region.
more »