State-owned oil firms target bigger stake in Rosneft’s assets2 min read . Updated: 15 Mar 2016, 01:33 AM IST
India signed a pact with Russia for joint exploration of hydrocarbons in Eastern Siberia in December when Narendra Modi visited the country
New Delhi: A plan by Indian oil marketing companies led by Oil and Natural Gas Corp. Ltd (ONGC) to acquire a substantial stake in Vankor oil field in Siberia, operated by Russian energy giant Rosneft OAO’s subsidiary Vankorneft, will come up for discussion when oil minister Dharmendra Pradhan meets Rosneft chairman Igor Sechin in New Delhi on Tuesday, according to two people familiar with the development.
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