Trend of oil exports to India will continue, will strike new trade records: Russia

NEW DELHI: The trend of crude oil supply to India will continue, and bilateral trade will strike new records, said Russian ambassador to India, Denis Alipov, in an interview with ANI.

“India being a consumer, quite naturally is looking for the cheapest offers and Russia being deprived of its traditional markets in Europe, for example, is looking for new markets, so this meeting between best available options and best available offers is driving the trade and our relationship in the energy sector, it is natural we think this trend will continue in a structured manner,” the Russian envoy said.

“No one knows the situation how energy markets look like by the end of the year, we are looking to further expanding our relationship in this area at promoting the ongoing dialogue and cooperation based on long-term arrangements and agreements,” he added.

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