India,Russian Federation : ROSNEFT seeks to enter win-win deal with RIL.
Russian state-owned Rosneft, based within minutes of the Kremlin, is said to be close to Vladimir Putin, the man calling the shots in Europe's Eastern Bloc and Russia.
The company's CEO Igor Sechin is said to be discussed a partnership with Reliance Industries Limited (RIL) Chairman and MD, Mukesh Ambani.
The deal is expected to be a win win for both parties, particularly RIL who requires crude oil and is seeking to bolster its overseas exploration portfolio.
Anxiety over potential bans from the West and India's increasing oil demand, this would signify a new beginning and invariably bolster Indo-Russian ties, for Rosneft.
2014 Al Bawaba (Albawaba.com) Provided by Syndigate.info , an Albawaba.com company
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|Date:||Apr 8, 2014|
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