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Russia invites India to join Sakhalin III project - Ivanov-1

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Moscow is interested in Indian capital investment in the Sakhalin III oil and gas project in Russia's Far East, the Russian defense minister said Monday.
(recasts, adds paragraphs 2-4)

BANGALORE (India), January 22 (RIA Novosti) - Moscow is interested in Indian capital investment in the Sakhalin III oil and gas project in Russia's Far East, the Russian defense minister said Monday.

Sergei Ivanov, who is also a deputy prime minister, is currently leading a Russian delegation in India.

"Russia is interested in Indian participation in the Sakhalin III project and the development of the Vankor oil and gas fields in the Krasnoyarsk Territory," he said.

The minister arrived in India ahead of President Vladimir Putin's visit to the country, scheduled for January 25-26.

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