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Economy News

The Economic Times

Economy / The Economic Times

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India-Russia energy ties widen beyond crude to gas, nuclear and petrochemicals

India and Russia are deepening energy ties. Discussions focus on gas supplies and joint ventures for hydrocarbon development. Russia is a key crude oil supplier, with US sanctions waivers continuing. The nations are also exploring LPG purchases and new oil and gas facilities. Civil nuclear cooperation is gaining momentum, with projects like Kudankulam showcasing Russian technology.

23 May 2026 5:30 am