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INDIA-RUSSIA ENERGY COOPERATION BLOOMING TIES BEYOND THE HORIZON
ISSN: 2320 - 5407Publisher: author   
INDIA-RUSSIA ENERGY COOPERATION BLOOMING TIES BEYOND THE HORIZON
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Science General
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1.3
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International Category Code (ICC):
ICC-1402
Publisher: International Journal Of Advanced Research (ijar) Dr Morse
International Journal Address (IAA):
IAA.ZONE/232073905407
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2320 - 5407
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Abstract
Russia and India have a long history of cooperation in the energy sector. The prospects for the development of the energy dialogue are as promising now as they were during the period of friendship between the Soviet Union and India. Since the late 2000s, the Russia–India energy partnership has been enjoying a renaissance. So why is now the time for Russia to think seriously about giving a new impetus to the energy dialogue with India? India is the worlds third largest energy consumer and a major energy importer with steadily growing demand. Russia is a key global producer and exporter of petroleum and natural gas. The two countries needs naturally complement each other. The current energy bilateral cooperation, already strong, can significantly extend to new sources such as Liquefied Natural Gas (LNG). Building on these can be an industry in natural gas vehicles and renewable energy, enabling economic instruments, such as...