NEW DELHI: Russian President Vladimir Putin will seek to “recharge” ties when he visits India tomorrow for a one-day summit, promising deals on natural gas and new nuclear power units for the country.
“We have big plans for energy cooperation, it will be item number on the agenda,” Russian ambassador Alexander Kadakin told reporters in New Delhi. India is already a partner in Sakhalin-1, Russia’s first large-scale project that works under a production sharing agreement, and Kadakin said Indian companies were “welcome” to explore more of their gas fields.
“We are ready to offer our hydrocarbon to Indian companies if they are interested. India is the only country (to be offered the chance to buy reserves), it testifies to the degree of trust and confidentiality between the two countries.”
The Russian president will also talk diamonds with Prime Minister Narendra Modi. “India is the largest cutter of diamonds and Russia is the largest producer. Our interests can naturally meet and complement each other,” Kadakin said. AFP