Russia ready to supply India with fertilizers, oil, LNG - first deputy PM during visit to New Delhi

MOSCOW. April 2 (Interfax) - Russia is ready to continue meeting India's fertilizer needs and has the capacity to increase supplies in the oil and gas sector, Russian First Deputy Prime Minister Denis Manturov said during a working visit to New Delhi.

"Expanding mutually beneficial trade, investment, and cooperation ties" is high on the agenda of Manturov's talks with India's leadership, the Russian government press service said in a statement. "Specific steps to create favorable conditions for increasing the bilateral trade in the current circumstances were discussed," the statement said.

"Particular attention was paid to cooperation in the oil and gas sector. Denis Manturov reaffirmed that Russian companies have the capacity to consistently raise oil and liquefied natural gas supplies to the Indian market," it said.

Manturov also said during the visit that Russia was willing to continue meeting India's fertilizer needs, having increased supplies to the country by 40% in 2025. The parties are developing a joint urea production project.

Russia and India "continue to bolster their partnership in the nuclear energy sector, with the project to build power units for the Kudankulam Nuclear Power Plant being implemented according to the agreed schedule," the statement said "Russia sees major prospects for expanding cooperation with India in this area," the statement quoted Manturov as saying.

During his working visit, Manturov was received by Indian Prime Minister Narendra Modi and had bilateral meetings with Indian External Affairs Minister Subrahmanyam Jaishankar, Russian-Indian Intergovernmental Commission Co-Chair and National Security Advisor to the Indian Prime Minister Ajit Doval, and Finance Minister Nirmala Sitharaman.

Alongside cooperation in energy and mineral fertilizers, the two sides discussed bilateral cooperation in space exploration, education, and industrial cooperation.