Russia offers to boost oil, LNG supplies to India 'West Asia crisis'

With the West Asia crisis continuing to drive volatility in the global energy market, Russia has offered to increase supplies of crude oil and natural gas to India even as the two sides agreed to further enhance overall bilateral ties.

Energy cooperation figured prominently in meetings that Russia’s First Deputy Prime Minister Denis Manturov held with National Security Advisor Ajit Doval and External Affairs Minister S Jaishankar on Thursday, people familiar with the matter



said.

Manturov also held talks with Finance Minister Nirmala Sitharaman and called on Prime Minister Narendra Modi last evening.

A Russian readout of the First Deputy Prime Minister’s engagements in New Delhi said special attention was accorded to bilateral cooperation in the oil and gas sector.

“Denis Manturov confirmed that Russian companies have the capacity to steadily increase supplies of oil and liquefied natural gas to the Indian market,” it said.