India's Oil minister Dharmendra Pradhan today interacted with Igor Sechin, CEO, Rosneft via VC and discussed about the contemporary developments in the global oil market in wake of Covid19 and in context of the production cuts announced by OPEC+ countries including Russia.

 

The minister reviewed the oil & gas investments made by Indian PSUs in Russia as well as those by Rosneft in India. They both also agreed to enhance cooperation between Indian oil and gas PSUs and Rosneft, as per Indian petroleum ministry's tweet.  

 

Pradhan also thanked Sechin for facilitating the delivery of the first cargo of Urals Grade Russian crude oil at Paradip port last month- under the first-ever Term Contract between Rosneft and Indian Oil Corporation.

 

 

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