Energy deal on table as Putin visits India
December 11 , 2014
Russia’s president Vladimir Putin is meeting India’s prime minister Narendra Modi in a trip where the two countries may sign significant energy deals.
Putin has said that Russia wanted to export more gas and oil to Asian countries since consumption in Europe was not increasing fast enough. A major gas pipeline project with EU nations was recently scrapped by Moscow.
New Delhi and Moscow are likely to sign a series of agreements in various fields including defense, space and energy.