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
Motorola, Inc. today reported sales of $7.5 billion in the third quarter of 2008.
more »
The global financial crisis has already battered many European banks. Now it is hitting the EU auto industry, the world’s largest producer of motor vehicles.
more »
The European Commission has approved, under EC Treaty state aid rules, a German rescue package intended to stabilise financial markets by providing capital and guarantees to eligible financial institutions.
more »
A new report by the European Commission has assessed the competitiveness of the European Union in the global economy at the end of a decade of rapid economic change.
more »
Revenue surpasses $15 billion with healthy sales of enterprise software and Xbox 360 consoles.
more »
Airport charges are one of the hidden costs of flying and usually they are passed on from airlines to passengers.
more »
US and European leaders agree to series of summits on world finance.
more »
On Monday MEPs will debate a recovery plan for cod stocks in the North Sea and West Scotland. With over 70% of the world’s fish species already fully exploited or depleted, fisheries faces a crisis.
more »
A new study released by the European Commission today confirms the trend towards more private pension provision in the EU but highlights the need for inclusive coverage and adequate pension levels.
more »
Thursday, October 16, Brussels. President of the Republic of Lithuania Valdas Adamkus attended the second day session of the European Council meeting.
more »