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MOSCOW. (Igor Tomberg for RIA Novosti) -...
of success, and that Rosneft will work with the partners which the Kremlin considers strategic, all the more so since one more step to meet OVL halfway would restore the balance in Russia's oil cooperation with India and China after Rosneft set up a joint venture (JV) with Chinese Sinopec. Earlier, this JV received permission to develop a small section in the Sakhalin-3 fields, and launched wildcat drilling.The experts were right - Deputy Prime Minister and Defense Minister Sergei Ivanov, who arrived in India several days before Putin, said: "We are interested in Indian investment in the Sakhalin-3 project and in the development of the Vankor deposit in the Krasnoyarsk Territory." He said this, although his main task was to discuss prospects of bilateral MTC.
During Putin's visit, the Indians failed to implement their plan of getting involved in the Sakhalin-3 project, but reached a number of major agreements with Rosneft.