Minister of State for Petroleum and Natural Gas Dharmendra Pradhan met his counterparts from Russia, Saudi Arabia, Iran, Qatar, Kuwait, Iraq, UAE, Angola and Venezuela on the margins of the sixth OPEC International seminar. Russian Energy Minister Alexander Novak and Minister of State for Petroleum and Natural Gas Dharmendra Pradhan agreed to expand bilateral energy cooperation and to conduct a joint study at an early date for exploring feasibility of crude and gas pipelines from Russia to India.
India showed interest to import LNG and crude from Russia. The two sides also reviewed existing Indian investment projects in Russia and discussed possibility of working together in exploration and production sector. Pradhan also met Prince Abdul Aziz Bin-Salman, Deputy Crown Prince and Minister of State for Petroleum of Saudi Arabia and reiterated the need to intensify bilateral energy engagements between India and Saudi Arabia from a “buyer-seller” relationship to that of an “Energy Partnership”. The two Ministers agreed to explore and identify concrete avenues of energy cooperation between the two countries.