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Russia and Reliance Sign $13 Billion Energy Deal for Crude Supply

In a landmark energy agreement, Russia’s state oil company Rosneft has committed to supply 500,000 barrels of crude oil per day to India’s Reliance for the next 10 years, worth approximately $13 billion annually. This deal represents about 0.5% of global oil supply and strengthens energy relations between India and Russia, especially as Russia faces intense Western sanctions due to its invasion of Ukraine. The deal is set to begin in January and will involve monthly deli

Business

12 Dec 2024 09:16 AM 1.13k views

Russia and Reliance Sign $13 Billion Energy Deal for Crude Supply

In a landmark energy agreement, Russia’s state oil company Rosneft has committed to supply 500,000 barrels of crude oil per day to India’s Reliance for the next 10 years, worth approximately $13 billion annually. This deal represents about 0.5% of global oil supply and strengthens energy relations between India and Russia, especially as Russia faces intense Western sanctions due to its invasion of Ukraine. The deal is set to begin in January and will involve monthly deli

Business

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#reliance-rosneft-deal

Russia and Reliance Sign $13 Billion Energy Deal for Crude Supply

Russia and Reliance Sign $13 Billion Energy Deal for Crude Supply

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Desi Dallas Events This Weekend: Bollywood Nights and More

New US Visa Policy Targets Foreign Censorship of Platforms Like Twitter, Meta, and Rumble

Trump Honors US Troops at Arlington, Reiterates Iran Nuclear Stance

Meta Introduces New AI Model, A Big Step After Team Reshuffle

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#reliance-rosneft-deal

Russia and Reliance Sign $13 Billion Energy Deal for Crude Supply

Russia and Reliance Sign $13 Billion Energy Deal for Crude Supply

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