| Author (Person) | Rodkiewicz, Witold |
|---|---|
| Publisher | Centre for Eastern Studies (OSW) |
| Series Title | OSW Analyses |
| Series Details | 19.10.16 |
| Publication Date | 19/10/2016 |
| Content Type | Journal | Series | Blog |
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Abstract: During Vladimir Putin’s visit to India on 15-16 October 2016, a series of documents on cooperation in the military-technological and energy fields was signed. Two intergovernmental agreements provide for the purchase by India of four 11356-type frigates and four S-400 anti-aircraft missile battalions, and an agreement between Rosoboroneksport and Viertoloty Rossii and the Indian company HAL is expected to create a joint company to produce Ka-226T helicopters in India. The value of these agreements is estimated at US$6-9 billion. In the energy field, a consortium which includes Rosneft has acquired the Indian petroleum company Essar Oil, which owns the second-largest refinery in India. In addition, Rosneft agreed to sell the Indian State concern ONGC Videsh an 11% stake in the Russian oil company Vankorneft. |
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| Source Link | Link to Main Source https://www.osw.waw.pl/en/publikacje/analyses/2016-10-19/arms-and-energy-basis-moscow-and-delhis-pragmatic-cooperation |
| Subject Categories | Energy |
| Countries / Regions | Russia |
