NEW DELHI: India on Wednesday urged its long time ally Russia to take into account the interest of energy consuming nations during its engagement with Organization of the Petroleum Exporting Countries (Opec).
This was articulated by India’s petroleum minister Dharmendra Pradhan during a telephone call with Russia’s energy minister Alexander Novak after the Opec plus arrangement extended its compact for production cuts.
“During the telecall, Minister Pradhan conveyed his concern on the growing crude oil price volatility during the last few weeks, and also urged Russia to continue to play a balancing role in its engagement with OPEC countries by taking into account the interests of consuming countries,” India’s petroleum ministry said in a statement on Wednesday.