India may start oil and gas production in the Russian Arctic

15.01.2020, Moscow.

India may become the first non-Arctic state to be allowed onto the Russian Arctic shelf, Sergey Lavrov said in an interview with the Times of India on January 15.

The Russian Foreign Minister said that cooperation between Russia and India in the oil and gas sector has been developing successfully, and in the future this “will eventually allow India to become the first non-Arctic state extracting resources in the Arctic“.

It should be noted that India is currently involved in a number of projects involving the extraction of natural resources in Russia. These include the Sakhalin -1 project and the Vankor oil and gas condensate field.

Previously Sergey Lavrov stated that the resources of the Russian Arctic are intended not only for Europe.

Source: Rossa Primavera News Agency

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