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
AB Bank SNORAS, being the patron of the “Partnership Leader” nomination of the International trading palace ICC Lietuva (hereinafter - ICC Lietuva), this year initiated a special prize - “Business Ambassador”.
more »
Tremont Capital Group, an ATM-industry consultancy that works closely with the ATM Industry Association, has released its 2009 ATM Industry Fact Sheet, which summarizes the history and current state of the ATM industry.
more »
The renowned magazine “Global Finance” has named the UniCredit Group as the “Best Trade Finance Provider 2009” in CEE, Austria and Poland as well as “Best Bank for Payments & Collections in CEE 2009”.
more »
AB Bank SNORAS group, which comprises AB Bank SNORAS, AB “Latvijas Krājbanka” operating in Latvia and 19 other companies, during last year, according to unaudited data, earned LTL 41.7 million profit.
more »
At a meeting this week, Nils Melngailis, the Chairman of Parex banka, and Alex M Furber, American Express Vice President in Central and Eastern Europe, agreed to explore further options for co-operation.
more »
The country’s residents wish to have a clear understanding of financial services they use and are ready to make their final decision only when the advantages or disadvantages of each option is evident to them.
more »
Thales UK`s naval business recently announced the signature of an important sub-contract with Swedish company Polyamp AB for the supply of mine warfare degaussing systems for its new Lithuanian warship reactivation programme.
more »
Hundreds of anxious depositors are rushing to pull out their money from banks affiliated with the Texas billionaire Allen Stanford accused of fraud.
more »
VAT cuts for things like household repairs, care services, audio books and beauty treatments are likely to be backed by MEPs on Thursday.
more »
MEPs are calling for tough new measures to be taken against whaling.
more »