ID :
371268
Tue, 06/16/2015 - 12:59
Auther :

Gazprom is not working on supplying pipeline gas to India - Deputy CEO Medvedev

MOSCOW, June 16. / TASS / Gazprom is not working on supplying pipeline gas to India, said Deputy CEO Alexander Medvedev on Tuesday. According to Medvedev, the company is interested in the Indian market, "we are not looking into supplying pipeline gas to the country." On June 4, Russian Energy Minister Alexander Novak met in Vienna with India’s Petroleum and Natural Gas Minister Dharmendra Pradhan, after which the Indian deligation said that the country will look into "the feasibility of oil and gas pipeline supplies from Russia." "It was agreed to conduct a joint study at an early date for exploring feasibility of crude and gas pipelines from Russia to India," the India’s ministry said. "India showed interest to import LNG and crude from Russia," the ministry added. The two sides also reviewed existing Indian investment projects in Russia and discussed possibility of working together in exploration and production sector, the ministry said. Russia sees a huge potential in India for pipeline gas supplies, Energy Minister Alexander Novak said earlier in an interview with Russia Today TV channel. "The potential is huge because as of today India consumes a relatively small volume of gas and a large part of the population needs modern energy consumption services. I think, in terms of energy resources consumption India will be growing faster than any other country. That is why the potential is huge there both in terms of natural gas supplies and liquefied natural gas supplies," Novak said. Read more

X