Moscow—Indian companies, in particular ONGC Videsh, remain interested in participating in new Russian oil and gas projects, according to a joint statement issued by Russia’s President Dmitry Medvedev and India’s Prime Minister Manmohan Singh following talks in Moscow December 16. ”The parties have confirmed intentions to expand cooperation in the hydrocarbon segment in line with the intergovernmental agreement on oil and gas cooperation signed in...2010,” the statement said.
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