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Article: Russian gas politicking with India, Iran.
- Article from:
- World Gas Intelligence
- Article date:
- January 5, 2005
CopyrightCOPYRIGHT 2005 Energy Intelligence Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Following a December visit by Russian President Vladimir Putin to India, state Oil & Natural Gas Corp. (ONGC) is confident of winning a stake in the massive Sakhalin-3 gas and oil development on Russia's Pacific Coast, due to be auctioned later this year.
Russian officials visiting India confirm that they, too, expect ONGC and Russian state Gazprom to be partners at Sakhalin-3, even though state China National Petroleum Corp. (CNPC) has overtaken ONGC as the leading contender for a role in the still murky Russian state takeover of the Yuganskneftegas subsidiary of the besieged Yukos oil company (p3).
Sources had earlier suggested that ONGC might be given ...
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