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Russia's Rosneft invested $20 bn in India, says govt quoting Putin Rosneft gained access to India's fuel retail market when it completed a $12.9 billion deal to acquire Indian private refiner Essar Oil in 2017 Russian oil producer Rosneft invested $20 billion in India recently, the Indian government quoted Russian President Vladimir Putin as saying in a statement on Thursday, without giving details. Putin said in January that Rosneft planned to expand its presence in India and Indian government officials said in July that India could seek deals with Rosneft and other oil firms as it looked to strengthen its energy ties with Russia. ©SHIRSENDU KARMAKAR #Russia

Russia's Rosneft invested $20 bn in India, says govt quoting Putin Rosneft gained access to India's fuel retail market when it completed a $12.9 billion deal to acquire Indian private refiner Essar Oil in 2017 Russian oil producer Rosneft invested $20 billion in India recently, the Indian government quoted Russian President Vladimir Putin as saying in a statement on Thursday, without giving details. Putin said in January that Rosneft planned to expand its presence in India and Indian government officials said in July that India could seek deals with Rosneft and other oil firms as it looked to strengthen its energy ties with Russia. ©SHIRSENDU KARMAKAR #Russia