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| Zubkov for more tie-ups with India |
| Russian Prime Minister Viktor Zubkov supports broader cooperation between his country and India in oil and gas.
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| UNITED STATES OF AMERICA
, 10-February-2008
23:3:45 PM |
| “We see no obstacles to Indian business joining new projects in this sphere,” Mr. Zubkov said in an interview to The Hindu ahead of his maiden visit to India from February 11to13.
Noting the “highly positive” experience of cooperation between ONGC-Videsh and Rosneft on Sakhalin-1, he said the two companies “have reached an agreement to expand cooperation in Russia, India and in Third World countries.”
Pledging Moscow’s commitment to maintaining close ties with New Delhi, he described India as Russia’s “trusted friend.” Mr. Zubkov recalled a Russian saying — “An old friend is better than two new ones” — and hoped that bilateral trade, which grew by 30 per cent last year, would touch $10 billion by 2010.
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