https://sputniknews.in/20231011/india-to-remain-major-buyer-of-russian-energy-president-of-indian-business-council-4743522.html
India to Remain Major Buyer of Russian Energy: President of Indian Business Council
India to Remain Major Buyer of Russian Energy: President of Indian Business Council
Sputnik India
Mr. Akashdeep Singh, President of the Indian Business Council, delivered remarks before the start of Russian Energy Week 2023, highlighting the positive Indo-Russian energy relations.
2023-10-11T17:02+0530
2023-10-11T17:02+0530
2023-10-11T17:02+0530
indo-russian relations
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global oil production
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On the sidelines of the Sixth Russian Energy Week, Akashdeep Singh, president of the Indian Business Council, commented to Sputnik India on the deep and mutually beneficial relations that exist between Russia and India in the energy sphere.Singh noted the strong bond of friendship between India and Russia, as well as efforts to solidify relations further.He also acknowledged the increasing significance of energy security in a rapidly evolving geopolitical landscape and emphasised Russia's vital role in this domain.In recent months, India has significantly bolstered its collaboration with Russia on all sorts of economic questions. The share of Russian oil in India's imports continues to grow, and the share from other oil-exporting countries is in decline.India and Russia are developing potential trade routes along Russian shores, which offer new chances for trading energy resources and improving global trade and energy security.At present productive discussions are taking place with regard to the gradual mutual de-dollarisation of oil trade between Russia and India.
https://sputniknews.in/20231002/india-and-russia-discuss-rupee-based-oil-payments-ministry--4555896.html
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india, russia, india and russia, russian and indian energy security, energy security of india, russian oil for india, russian oil, oil and gas reserves, russian oil price cap, global oil production, oil and gas trade, global energy security, india buys oil from russia, russian resources for india, indo-russian energy relations, oil and coal from russia to india, indo-russian energy cooperation, president of the indian business council, akashdeep singh, president of indian business council
India to Remain Major Buyer of Russian Energy: President of Indian Business Council
President of the Indian Business Council emphasized positive Indo-Russian energy relations during the Russian Energy Week, highlighting India's role as Russia's major oil buyer.
On the sidelines of the Sixth Russian Energy Week, Akashdeep Singh, president of the Indian Business Council, commented to Sputnik India on the deep and mutually beneficial relations that exist between Russia and India in the energy sphere.
Singh noted the strong bond of friendship between India and Russia, as well as efforts to solidify relations further.
"India and Russia have traditionally been very, very close friends, and with the present situation in the energy world, India has consolidated this relationship with Russia"
Akashdeep Singh
President of the Indian Business Council
He also acknowledged the increasing significance of energy security in a rapidly evolving geopolitical landscape and emphasised Russia's vital role in this domain.
"Energy is becoming more important considering the geopolitical situation, and Russia has a very big role to play here,"
Akashdeep Singh
President of the Indian Business Council
In recent months, India has significantly bolstered its collaboration with Russia on all sorts of economic questions. The
share of Russian oil in India's imports continues to grow, and the share from other oil-exporting countries is in decline.
India and Russia are developing
potential trade routes along Russian shores, which offer new chances for trading energy resources and improving global trade and energy security.
At present productive discussions are taking place with regard to the gradual
mutual de-dollarisation of oil trade between Russia and India.
