Indian companies eye larger stake in Vankorneft

Well-battery site No. 3 of the Vankorsky oil deposit.

Well-battery site No. 3 of the Vankorsky oil deposit.

Source: Vladimir Vyatkin / RIA Novosti
Talks are underway for a 19-percent stake sale.

Indian companies may increase the size of the stake in a deal to purchase Vankorneft shares, Indian Ambassador to Russia Pankaj Saran said on March 30.

Talks are currently underway on the purchase of a 19-percent stake in Vankorneft. An increase in the size of the deal is also being discussed, Saran told Rossiya 24 television.

Read more: 6 features of Russian investment in Asia

Subscribe to RBTH's Asia-related content

* indicates required

 

All rights reserved by Rossiyskaya Gazeta.

More exciting stories and videos on Russia Beyond's Facebook page
Read more

This website uses cookies. Click here to find out more.

Accept cookies