India: Petroleum Minister Murli Deora will make a case for Indian firms getting a stake in future Sakhalin projectsadmin
Petroleum Minister Murli Deora will make a case for Indian firms getting a stake in future Sakhalin projects when he meets Russian Energy Minister Viktor Borisovich Khristenko in Moscow on October 31.
“The Russian Energy Minister has personally written to me inviting me to attend the inauguration ceremony of ”Moscow Energy Dialogue” on October 30. I am likely to travel to Moscow on Sunday,” he told.
After the success of ONGC Videsh Ltd’s 20 per cent stake in Sakhalin-I fields, New Delhi is pushing for Indian participation in Sakhalin-III fields as well.
Sakhalin-I and II projects have already been decided and Russia is planning to invite bids in future for Sakhalin-III, IV, V and VI projects in the vast energy-rich region.