Oil and Gas, India Oil and Gas
The deal on the purchase of 49% of the Indian Essar by Rosneft will be closed in the near future, this month, the head of VTB, A. Kostin, said.
Gazprom has closed its representative offices in three countries - Turkey, Japan and India, this follows from the company’s new memorandum on it's eurobonds issue.
The Russian Energy Minister Alexander Novak has held talks on cooperation in the joint search and development of hydrocarbons on the Russian Arctic shelf with Indian Oil and Natural Gas Minister Dh
In March 2017 Rosneft might close a deal to buy a 49% stake in India's Essar Oil, foreign media reported citing the company's representatives on February 21, 2017.
In Q4 2016 Indian companies - Oil India, Indian Oil, Bharat Petroresources, ONGC transferred $ 4 billion in transactions for the purchase of shares in "Vankorneft" and "Taas-Yuryakh
In 2017, Rosneft will increase oil deliveries to China to 31 million tons, as well as will supply 2 million tons of crude oil to India.
India's Essar Oil will pay premiums to its minority shareholders for the risk even after the official delisting of the company before closing the deal with Rosneft.
The largest Indian gas company GAIL Limited demands for reduction in price and other changes of 20-year contract for the supply of liquefied natural gas from Gazprom.
In a few weeks Rosneft will close the deal on the conditions of which Rosneft will purchase a stake in Essar Oil (India), Business Standard reports referring to a representative of Rosneft.
Indian state-owned oil and gas company Oil and Natural Gas Corporation (ONGC) has discussed gas swap deals with Russian Gazprom, the Reuters writes, referring to the statement of ONGC’ Videsh