TASS: Russian Energy Ministry Notes Interest of China, India in Development of Russian Deposits

The Russian Energy Ministry has noted the growing interest of China and India in the development of Russian deposits, Energy Minister Alexander Novak said in an interview with the Kommersant daily.

He said the high-profile 30-year gas contract with China signed in May is a "strategically important decision."

“We diversified gas supplies to the east, we are opening a really new market. A new infrastructure will be built for tens of years ahead and maybe even more,” Novak said.

“India is another huge market that needs to be occupied, including by gas supplies. The talk is not only of liquefied natural gas; there is an instruction to consider the construction of a gas pipeline to India,” he said. MORE