JV with Russia may be the answer to India’s energy crisis

Collaboration with Russia in exploration of oil and gas might be an answer to India’s energy crisis than importing the fossil fuel from that country, a CII report said.

India has proposed many joint ventures between the two countries to strengthen the energy ties, as it plans to double its annual import of crude oil to about 200 million tonnes a year, of which around 50 million is expected to come from Russia, industry chamber CII’s report on Indo-Russian relationship said.
India Times