Russia’s Novatek Eyes India as Market for Sanctioned Arctic LNG Russian liquefied natural gas producer Novatek continues to scour the globe for potential buyers of sanctioned gas from its Arctic LNG 2 project. At an energy conference the company now attempted to make inroads on the Indian market.
Nord University Secures Major Funding for International Arctic Education A new 3-million NOK international education initiative will launch in January 2025, connecting three universities across Norway, China, and India. That is reported by the High North Center for Business and Governance in a press release.
India Looking To Cooperate With Russia on Development of Arctic Northern Sea Route Following an initial high-level meeting between Indian and Russian officials in India in March of this year, representatives from two countries now met in Vladivostok to further discuss a deepening of cooperation in Arctic shipping and related economic activity.
The US and Indian Armies Kickoff Training Exercise in Alaska The Indian Army and the US Army recently kicked off their annual joint military training exercise. The exercise, which takes place in Alaska, aims to enhance the US-India Defense Partnership.
Arctic LNG Producer Novatek In Talks To Supply Gas to India Russia’s Arctic natural resources are becoming an increasingly hot commodity in Asia. Yamal LNG operator Novatek is poised to finalize a deal to ship additional volume of LNG from the Arctic to India.
India Puts Up a Fight Against China in the Arctic (Commentary) It is an almost accepted truth that China is gaining ever greater power over Russia. But less attention surrounds India's entry into the Arctic. Both of these populous states are targeting Arctic resources.
Russia Reroutes Arctic Oil To China and India as Result of EU Sanctions EU sanctions against Russian oil increasingly divert Arctic crude oil – from the Prirazlomnoye platform and the Arctic Gate and Varandey terminals – to China and India with three vessels currently en route from Murmansk to China. For 2023 experts anticipate increasing oil exports to Asia via the Northern Sea Route.
India has Entered the High North to Ascertain Global Reach, Says Expert on Polar Geopolitics India has recently taken an increased interest in the Arctic and is cooperating more and more with Russia. "Far from the Arctic geographically, India has inserted itself into the High North to ascertain global reach and international standing", says Dr. Elizabeth Buchanan.
India Interested in Increasing Russian Crude Oil and LNG Supplies via Northern Sea Route India and Russia reaffirmed their commitment to increasing sourcing of Russian crude oil and strengthening LNG imports to India, and the possible utilization of the Northern Sea Route for energy supplies, a joint statement following a recent summit reads.
Russland og India vurderer felles utvikling av hydrokarboner i Arktis – Mulighetene for en felles utvikling av hydrokarboner i Arktis og i de russiske delene av Asia blir vurdert, sier Kreml-rådgiver Juri Usjakov.
Russia and India Considering Joint Development of Arctic Hydrocarbons "The possibilities of joint development of hydrocarbons on the Arctic shelf and in Russia’s Far East are under consideration”, said Kremlin advisor Yuri Ushakov.
First Cargo From Yamal LNG Project Arrives at Indian Port of Dabhol The first batch of liquefied natural gas from Novateks's Yamal LNG plant was delivered to the Indian port of Dabhol last weekend.
Indian Energy Firms Reportedly in Talks to Buy Large Stake of Arctic LNG-2 Project Indian energy firms are said to be in discussions to acquire a 9,9 percent stake from Novatek PJSC.
India Wants to Help Russia Develop Northern Sea Route Into International Trade Artery “India and Russia are partners in space exploration through the Gaganyan program. Russia and India will also be partners in opening up the international trade of the Northern Sea Route", said Indian Prime Minister Narendra Modi.
Russia and India set to Deepen Trade and Investment in Arctic Energy President of Russia Vladimir Putin met with Prime Minister of India Narendra Modi to invite Indian energy companies to participate in Russian extractive projects, including Arctic LNG 2.