India is ready for long-term oil supplies from the Russian Far East

India is ready for long-term oil supplies from the Russian Far East

An ambitious project is being discussed in the Indian media that is related to plans to transport crude oil from Russia to Indian ports. This is a preliminary agreement, which was discussed during a meeting between Vladimir Putin and Narendra Modi in Vladivostok last year.


New contracts would allow to increase the volume of trade between the Russian Federation and India from the current $ 11 billion to $ 30 billion by 2025.

The Indian press notes that "the outline of an intergovernmental agreement" has already been created, which is aimed at the process of direct import of Russian oil by India. At the initial stage, India imports two million tons of oil from Russia. Then it is planned to increase the supply volumes and make these deliveries long-term, the readiness for which is expressed by the Indian partners.

At the same time, it is planned to enable Indian companies to engage in geological exploration in the Far East of Russia together with their Russian colleagues.

Today, India satisfies about 80% of all its oil needs through imports. A significant share in this market was occupied by oil from Iran. But with the resumption of the US sanctions regime against Tehran, the situation for New Delhi worsened.

To cover the growing needs of the Indian economy in hydrocarbons, a large-scale project is being prepared for implementation, in which oil from the ports of the Far East will go to Indian customers.
Photos used:
Zarubezhneft website
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  1. maxim947 17 February 2020 15: 16 New
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    This is a good thing, but oil and gas are not endless, because the descendants have to leave something.
    And this:
    At the same time, it is planned to enable Indian companies to engage in geological exploration in the Far East of Russia together with their Russian colleagues.

    it’s not at all clear how the Gypsies can help us in terms of exploration in the Far East?
    1. carstorm 11 17 February 2020 15: 28 New
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      so you won’t stop the extraction, but you won’t hide everything that was mined for a rainy day)))
      1. The comment was deleted.
      2. maxim947 17 February 2020 15: 51 New
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        Do not understand. What is mined? Is there something in the warehouse? This is not a change of customer, these are additional production volumes.
        1. Starover_Z 17 February 2020 16: 28 New
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          India’s direct import process of Russian oil. At the initial stage, India imports two million tons of oil from Russia. Then it is planned to increase the supply volumes and make these deliveries long-term.

          Maybe in this case, let the Indians lay the pipe to themselves? Or again Russia on its loan issued to India? And then they will twist their tail again, as with other military orders?
    2. Svarog 17 February 2020 15: 30 New
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      Quote: maxim947
      This is a good thing, but oil and gas are not endless, because the descendants have to leave something.

      So they think about their descendants .. but only specifically about their own .. Children in England need to be taught, but this pleasure is worth the money .. Well, then, grandchildren, great-grandchildren, everyone needs a pillow for a soft place ..
      it’s not at all clear how the Gypsies can help us in terms of exploration in the Far East?

      Money ..
    3. sergo1914 17 February 2020 15: 33 New
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      Quote: maxim947
      it’s not at all clear how the Gypsies can help us in terms of exploration in the Far East?


      Not gypsies. Proto-Aryans.
      1. Aerodrome 17 February 2020 15: 47 New
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        India is ready for long-term oil supplies from the Russian Far East
        raw ... ". a good deal ..." and we- children's toys and shoes from der ma ... approx.
        \
      2. Lamata 17 February 2020 15: 52 New
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        Yes, at least as you call, the nobles dirty
        1. Alex Justice 18 February 2020 09: 36 New
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          Pakistani Indians are the closest relatives of the Russian language.
      3. maxim947 17 February 2020 16: 00 New
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        30-35 thousand years ago, proto-Aryans, the progenitors of Vedic knowledge, became the founders of the ancestral home of modern humanity, Arctida and Hyperborea. Traditions of the ancient Aryans indicate that the inhabitants of Arctida had high growth, a well-developed and harmonious body, blond hair and a bluish color of skin and eyes.

        So - nifiga. Gypsies.)))
    4. LMN
      LMN 17 February 2020 16: 12 New
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      it’s not at all clear how the Gypsies can help us in terms of exploration in the Far East?

      The article does not talk about help, but about the possibility for the Indians to do geological exploration.

      Geological exploration is not only oil and gas. That is, specialists from India can get practice in the search for natural resources.

      This is actually quite hard work. Rummaging through the taiga, carrying a backpack with a bunch of stones. If there is an Indian who will carry a backpack with stones behind you, that's great laughing
      1. maxim947 17 February 2020 16: 16 New
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        Maybe, but usually in such cases they attract specialists to their territory and learn how and what to find from themselves. It is more convenient and more profitable.
        1. LMN
          LMN 17 February 2020 16: 18 New
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          Quote: maxim947
          Maybe, but usually in such cases they attract specialists to their territory and learn how and what to find from themselves. It is more convenient and more profitable.

          Well, they don’t want to go to Russia, they won’t go.
          What's the problem?

          Perhaps the experience gained in the Russian Federation will help to find something in India.
          1. maxim947 17 February 2020 16: 27 New
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            Well then, good luck then to them)))
          2. 4ekist 17 February 2020 17: 26 New
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            Unless a piece of shit can be found.
            1. LMN
              LMN 17 February 2020 17: 35 New
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              Quote: 4ekist
              Unless a piece of shit can be found.

              Well .. someone's hands and from the shoulders grow and not sawdust in the head wink
      2. Fat
        Fat 17 February 2020 19: 36 New
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        Quote: LMN
        This is actually quite hard work. Rummaging through the taiga, carrying a backpack with a bunch of stones. If there is an Indian who will carry a backpack with stones behind you, that's great

        Shelf is not taiga ... Passengers will not be there. There will be specialists from ONGC, as if they were not ballast and no helpers at all ..
        1. bobba94 17 February 2020 21: 14 New
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          Oil and gas project "Sakhalin-Shelf". The mid-90s, in Yuzhno-Sakhalinsk, where the headquarters of the holding are located, so to speak, whoever wasn’t ..... the British, French, Japanese, Filipinos, Indians, Chinese ..... All pros, Petroleum engineers, geologists, oceanologists, navigators (platforms) and other specialists. Shelf, however.
    5. 4ekist 17 February 2020 17: 31 New
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      We will drive them raw, and they will give us a banana. Very dashing. But here, first of all, we have the friendship of peoples.
      1. Fat
        Fat 17 February 2020 19: 44 New
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        Quote: 4ekist
        We will drive them raw, and they will give us a banana. Very dashing. But here, first of all, we have the friendship of peoples.

        Raw from Sakhalin belongs to such a group of raw materials that requires minimal processing costs ... Hindus, in addition to bananas, will also have to pay taxes.
        FTS bananas will never be recognized as payment .. They will go out quickly))))
        1. 4ekist 17 February 2020 21: 40 New
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          The fact is that there is nothing more to offer to foreign “partners” except for commodities (the exception of Morozhenko to China).
          1. Fat
            Fat 17 February 2020 21: 46 New
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            Almost all of China’s ferrous metallurgy is Soviet ... Not?
            1. 4ekist 17 February 2020 21: 51 New
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              Maybe Soviet. Only it was a long time ago. Today I see everything mostly Chinese, starting from matches.
              1. Fat
                Fat 17 February 2020 22: 14 New
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                Send to the collection through a personal agreement. My matches in the Kirov farm, from the Avion factory
                Campaign, about matches you obviously finger in the sky.
                Here is a smartphone with me from China, a fact. )))
    6. NKT
      NKT 17 February 2020 18: 25 New
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      Only in money or as a “laying” for obtaining sanctions services and equipment
    7. Victor N 17 February 2020 18: 47 New
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      Descendants must leave a well-maintained, wealthy Russia. And the ability to live by ourselves, and not by the accumulation of ancestors.
    8. Fat
      Fat 17 February 2020 19: 14 New
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      The Indians invested 1% in the Sakhalin20 project. It is quite reasonable to count on supplies. Not?
      By the way, this "crude oil" At least not worse than Omani ..
      Now, regarding projects where the production sharing agreement rules, they are silent. No wonder the PSA is a shame on Yeltsin’s Russia ...
    9. Imperial Technocrat 17 February 2020 23: 25 New
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      There is still plenty of gas, in addition, the nuclear fuel cycle will increase nuclear fuel resources by 80-90 times
  2. Mountain shooter 17 February 2020 15: 19 New
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    Here it is! Iran is driven away from the oil feeder ... but a holy place does not happen empty ...
  3. knn54 17 February 2020 15: 26 New
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    And what prevents the Russian Federation from taking oil from Iran, perhaps through an intermediary?
    1. Svarog 17 February 2020 15: 30 New
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      Quote: knn54
      And what prevents the Russian Federation from taking oil from Iran, perhaps through an intermediary?

      Fear of personal sanctions ..
    2. ML-334 17 February 2020 15: 35 New
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      Indians can change their shoes in the air more than once and how we will look in front of Iran.
    3. Aerodrome 17 February 2020 16: 10 New
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      Quote: knn54
      And what prevents the Russian Federation from taking oil from Iran, perhaps through an intermediary?

      and shove into your pipe? and ... or not ... to resell the states! or yourself on the domestic market ... we don’t care about world prices, all the same, gasoline is growing.
      1. Malyuta 17 February 2020 17: 55 New
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        Quote: Aerodrome
        we do not care world prices, gasoline is still growing.

        Our gasoline, for whom it is necessary for gasoline, it is not made from oil, as in other adversary countries, it is produced directly from excise taxes so that the boys can buy not just a house in France, but the Champs Elysees, so that their heifers can settle there, mother and wives of billionaires, cubs diverse from all marriages, again to visit go close and close to the center.
    4. Victor N 17 February 2020 18: 51 New
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      Same as India. But you have to sell your own and not help your competitors.
    5. Paranoid50 17 February 2020 20: 37 New
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      Quote: knn54
      what prevents the Russian Federation from taking oil from Iran,

      Yes, nothing. There were already schemes ... Kim will not let you lie. yes wink
  4. rotmistr60 17 February 2020 15: 27 New
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    from the current $ 11 billion to $ 30 billion by 2025.
    So you need to wait for Pompeo in Delhi with promises to fill India with oil at a "reasonable" price.
    1. Fat
      Fat 17 February 2020 21: 03 New
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      Quote: rotmistr60
      from the current $ 11 billion to $ 30 billion by 2025.
      So you need to wait for Pompeo in Delhi with promises to fill India with oil at a "reasonable" price.
      East Texas light oil for free? Reasonably priced? Hindus do not. Moreover, they have already invested in Sakhalin.
  5. Alexga 17 February 2020 15: 45 New
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    Of course, you can stigmatize Lukashenko for wanting to buy oil from sellers further than in Russia. But you don’t think that from India to the Arabs it is much closer than to Russia by sea. request
    1. Aerodrome 17 February 2020 16: 19 New
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      Quote: AlexGa
      . But you don’t think that from India to the Arabs it is much closer than to Russia by sea.

      but doesn’t it seem to you that there is a war in Syria, not because of the "beards", but because of the gas pipe that failed ... to Geyropu? hence sanctions, and anger, and snorting ... toward Gazprom - read Russia) of course the beneficiaries have been welded up, do not grieve for your mother ... they could have thrown the "small money" at least onto the fleet ... OCEANSKY, not in the form Yacht, but in the form of destroyers.
      1. Alexga 17 February 2020 16: 26 New
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        hence the sanctions, and malice, and snort ... towards Gazprom

        What are you talking about?
        1. Aerodrome 17 February 2020 17: 41 New
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          Quote: AlexGa
          hence the sanctions, and malice, and snort ... towards Gazprom

          What are you talking about?

          What are you talking about?
          1. Alexga 17 February 2020 17: 53 New
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            I’m saying that from Saudi Arabia and the Emirates to India, the shoulder of transport is much less than that from the Russian Far East.
    2. Fat
      Fat 17 February 2020 21: 20 New
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      Quote: AlexGa
      Of course, you can stigmatize Lukashenko for wanting to buy oil from sellers further than in Russia. But you don’t think that from India to the Arabs it is much closer than to Russia by sea. request

      Close but not enough. Indian private traders have significantly invested in the Sakhalin deposits and are expecting, rightly, supplies. There is no talk about the pipe ... tankers
  6. voyaka uh 17 February 2020 15: 48 New
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    A lot of oil has not yet been found in the Far East. Several deposits are classified as "medium." Russia has a lot of natural gas, but not a lot of oil.
    1. Aerodrome 17 February 2020 16: 21 New
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      Quote: voyaka uh
      A lot of oil has not yet been found in the Far East.

      yes ... Moses did not find in 40 years ...
      1. voyaka uh 17 February 2020 16: 23 New
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        Luckily... good Otherwise, we would not have born high technology.
        1. Aerodrome 17 February 2020 17: 17 New
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          Quote: voyaka uh
          Luckily... good Otherwise, we would not have born high technology.

          not ... otherwise, you would be the "next state" ....
          1. Aerodrome 17 February 2020 17: 30 New
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            Quote: Aerodrome
            Quote: voyaka uh
            Luckily... good Otherwise, we would not have born high technology.

            not ... otherwise, you would be the "next state" ....

            and yes ... the technologies basically "left" the USSR. you’re just great, you used them with maximum efficiency.
    2. NKT
      NKT 17 February 2020 18: 34 New
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      But India doesn’t need condensate and NGL?
    3. shkiper83 17 February 2020 19: 24 New
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      Yes laaaaadno. Since 2007 I have been driving oil. De-Castry port, every two hundred days a hundred thousandth tanker leaves with oil (2 thousand barrels), a suburban port, every 3-700 days, the same tanker leaves with oil. The port of Kozmino (but Siberian oil is here) every day the hundred-thousandths leave with oil.
    4. Fat
      Fat 17 February 2020 21: 30 New
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      Quote: voyaka uh
      A lot of oil has not yet been found in the Far East. Several deposits are classified as "medium." Russia has a lot of natural gas, but not a lot of oil.

      Sakhalin offshore is the same Russian Far East. There is a lot of oil, but the possibilities to master the shortage.
      Such oil is extremely scarce in the world ... Texas, Oman and our Sakhalin ...
      1. Fat
        Fat 17 February 2020 21: 33 New
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        And yes ... LNG on Sakhalin. Not a product, but a fossil. Pack and send ....
  7. Elephant 17 February 2020 15: 53 New
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    Look at the geographic map. The Russian project will be costly, unprofitable and uncompetitive, given the relative proximity of oil from the Saudis, the United Arab Emirates, Yemen, Oman, Iran, etc. In general, “discussing the ambitious project in the Indian media” is more like throwing this topic into the American media in order to study the possibility once again to have a Russian Federation, to breed us for money, as with Nord Stream-2 and South Stream ...
    1. Aerodrome 17 February 2020 17: 20 New
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      Quote: Elephant
      . The Russian project will be costly, unprofitable and uncompetitive,

      you think, prices in the “four” will increase by ten percent .... well, and cho? vyyuzhim, and 10 vyyuzhim, and die, children vyyuzhat ....
    2. Victor N 17 February 2020 18: 57 New
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      Yes, the project is not Russian, but Indian. If they are satisfied with the price and transportation costs - why should the seller be sad?
      1. Lamata 17 February 2020 19: 22 New
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        They will wake up tomorrow and put forward new conditions, and maybe every morning 365 days everything is new.
    3. Fat
      Fat 17 February 2020 21: 53 New
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      It should be considered from your submission Shell and Exxon mobil complete idiots. On our stocks, these monsters fell free.
      And when the shortening was given. So the end of the reload.
    4. Fat
      Fat 17 February 2020 22: 37 New
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      Quote: Elephant
      Look at the geographic map. The Russian project will be costly, unprofitable and uncompetitive, given the relative proximity of oil from the Saudis, the United Arab Emirates, Yemen, Oman, Iran, etc. In general, “discussing the ambitious project in the Indian media” is more like throwing this topic into the American media in order to study the possibility once again to have a Russian Federation, to breed us for money, as with Nord Stream-2 and South Stream ...

      Just look ... Near the "oil-saturated" Japan and Korea filled up with hiccups with hydrocarbons.
      And the Hindus should receive their 20% and will receive it by the right of an investor. How are they "their" wealth ..
  8. Eug
    Eug 17 February 2020 16: 06 New
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    And is this served as an achievement?
    1. Aerodrome 17 February 2020 17: 42 New
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      Quote: Eug
      And is this served as an achievement?

      Well.
    2. Fat
      Fat 17 February 2020 22: 53 New
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      Quote: Eug
      And is this served as an achievement?

      Whose achievement may be Indian. Is it lazy to look at the source of information at the end of the article? zarubezhneft website.
      Ours about PSAs do not stutter at all, as if there were no those concessions at all ...
  9. prior 17 February 2020 16: 18 New
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    There is such a profession - oil industry, oil production.
    And there is another profession - an official, to sell natural resources of the Motherland ....
    They stole their grandchildren, and then - even though the grass does not grow ....
    1. Aerodrome 17 February 2020 17: 46 New
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      Quote: prior
      There is such a profession - oil industry, oil production.
      And there is another profession - an official, to sell natural resources of the Motherland ....
      They stole their grandchildren, and then - even though the grass does not grow ....

      here you are not a patriot at all .. you don’t like yachts, you don’t like all kinds of clubs, you don’t like reforms useful for officials, who are you? spy? wassat
  10. Thrifty 17 February 2020 16: 29 New
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    In order to rock the Indians, you need to sign all kinds of papers about certain agreements with them for at least 15 years! Otherwise, there won’t be any sense; for the time being they will dance to death!
    1. Fat
      Fat 17 February 2020 22: 58 New
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      Quote: Thrifty
      In order to rock the Indians, you need to sign all kinds of papers about certain agreements with them for at least 15 years! Otherwise, there won’t be any sense; for the time being they will dance to death!

      So they are from the year 98 all dancing to 2025 and we can finish the episode ....
  11. fa2998 17 February 2020 16: 37 New
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    Quote: Mountain Shooter
    ..a holy place does not happen empty ...

    It’s more expensive to drive Russian oil to India. It's like importing it from Belarus to Venezuela or the UAE! lol lol We have oil at the well more expensive, but heavy, and the road to the Indians, and the god himself (or gods) ordered to buy from the Persian Gulf. hi
    1. Aerodrome 17 February 2020 17: 22 New
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      Quote: fa2998
      It’s more expensive to drive Russian oil to India

      that is, in China, cheaper for yourself? laughing China didn’t invest a yuan, but you don’t have gas! and it’s cheaper than bringing Uncle Van to your house. the norm?
  12. Lamata 17 February 2020 18: 29 New
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    And the main thing is that they would pay with real money and not with oil like a thread or local turnips.
    1. 4ekist 17 February 2020 21: 45 New
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      In Russia, investing this money is not profitable.
  13. Butchcassidy 17 February 2020 21: 12 New
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    It is necessary to process at home. And sell raw materials at a minimum
    1. Fat
      Fat 17 February 2020 23: 16 New
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      Great resume.
      Add "thief must be in prison"
      Quote: ButchCassidy
      It is necessary to process at home. And sell raw materials at a minimum

      Well, Roosevelt is right against the Texan lobby ...
      1. Butchcassidy 18 February 2020 00: 04 New
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        I don’t see any connection. Are there few oil refineries in Texas?
        1. Fat
          Fat 18 February 2020 02: 36 New
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          The United States lifted the ban on the export of crude oil only 5 years ago.
          Now they are leaders in the supply of crude oil, and before that, raw only drove to Canada.