Lavrov confirmed alignment of both countries' positions on energy cooperation
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Russia's Foreign Minister Sergey Lavrov announced that Russia and India share a common position on issues related to supplies of Russian hydrocarbons. Lavrov also noted that cooperation between the two countries in the field of peaceful use of nuclear energy is developing successfully.
Russia and India have agreed to expand supplies of Russian hydrocarbons to the Indian market. Lavrov also noted successes in nuclear energy cooperation, including the construction of the Kudankulam nuclear power plant.
For Russian exporters, this secures a key sales market for oil and gas amid Western sanctions — Indian purchases are growing and becoming an alternative to European consumers. For companies in the energy sector, the agreement means stability of long-term contracts and infrastructure projects with a reliable partner.
Mehmet Yılmaz