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    India's Oil and Natural Gas Corporation is eager to invest $5 billion in Russian projects

    India's ONGC to Invest $5 Bln in Russia Projects in 2016 - Official

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    India's Oil and Natural Gas Corporation is eager to invest $5 billion in Russian projects.

    ST. PETERSBURG (Sputnik) — India's Oil and Natural Gas Corporation intends to allocate a total of $5 billion for its projects in Russia in 2016, the company's Managing Director Narendra Kumar Verma said Thursday.

    "The volume of investments we've discussed is $5 billion," Verma told reporters, adding that these were upstream projects.

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    contracts, India's Oil and Natural Gas Corporation (ONGC), India, Russia
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