Oil-rich Sakhalin calls for more investment from India
The Sakhalin governor has invited companies from India to invest in Russia's energy reserves after American and European oil and gas majors left. ONGC Videsh already has a 20% share in Sakhalin-1 oilfields, but Russia is encouraging India to increase its stake, including in the Sakhalin-2 gas field. Almost all of Sakhalin-1's oil production is sent to foreign markets.
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.
