Indian Minister of Petroleum and Natural Gas, Hardeep Singh Puri, announced that India is opening up 200,000 square kilometers of its sedimentary basin for oil and gas exploration, inviting Russian companies to participate.
“We are offering 200,000 km of drilling area... It’s open for all companies. We only have to tie up,” Puri said, stressing the importance of direct business dialogue between the two countries.
He encouraged more interaction and discussions between companies, noting that such talks often lead to delegations and renewed investment interest.
Puri also highlighted growing demand for petrochemical raw materials and expressed India’s willingness to collaborate with Russia in that sector.
Read next
10:00
Odesa hit
A deadly overnight Russian drone assault on Ukraine’s Black Sea port city of Odesa left one person dead and at least 14 injured, striking residential buildings and key rail infrastructure, according to local authorities.
09:19
Rubio
There are international calls to seek a diplomatic solution amid rising tensions in the Middle East and to prevent Iran from acquiring nuclear weapons. That's according to U.S. Secretary of State Marco Rubio and key international allies who discussed the escalating conflict between Iran and Israel.
09:00
Trump & Ukraine
In our latest Newshour programme, presenter Guy Shone covered the recent report revealing that a covert U.S. working group, established earlier this year to speed up peace talks in Ukraine, has been quietly disbanded.
08:30
World Bank
The World Bank is pushing for “radical” debt transparency from developing countries to prevent future financial crises, warning that hidden debts are fueling instability.
08:00
Canada tariffs
Canada warns the U.S. to reach a trade deal by 21 July or face new steel and aluminium tariffs, as PM Carney vows to protect Canadian workers from U.S. measures.
What is your opinion on this topic?
Leave the first comment