Russia's First Dy Chairman Manturov says Russian firms can scale up oil, LNG supplies to India

New Delhi [India], April 3 : Russia's First Deputy Chairman Denis Manturov reaffirmed that Russian companies have the capacity to steadily increase supplies of oil and liquefied natural gas (LNG) to the Indian market amid the energy crisis due to the conflict in West Asia, underlining deepening energy cooperation between the two countries during his official visit to the country.

According to a statement issued by the Russian Embassy in India on Telegram on Thursday, Manturov highlighted that Russia had boosted supplies of in-demand mineral fertilisers to India by 40 per cent by the end of 2025, and expressed readiness to continue meeting India's requirements.

He noted that a joint project for urea (carbamide) production is currently under development, enhancing long-term agricultural cooperation.

The two sides also reaffirmed ongoing collaboration in nuclear energy, with work progressing as per agreed timelines on new power units for the Kudankulam Nuclear Power Plant.

"Denis Manturov confirmed that Russian companies have the capacity to steadily increase supplies of oil and liquefied natural gas to the Indian market. Russia and India continue to strengthen their partnership in nuclear energy. In line with agreed schedules, the project to construct power units for the Kudankulam Nuclear Power Plant is being implemented," the statement read.

Beyond energy and fertilisers, the talks covered expanding cooperation in industrial sectors, space, education, and innovation - advancing the multifaceted strategic partnership between Moscow and New Delhi.

First Deputy Chairman Manturov, who also serves as Co-Chair of the India-Russia Inter-Governmental Commission on Trade, Economic, Scientific, Technological and Cultural Cooperation (IRIGC-TEC), also held a high-level bilateral meeting with External Affairs Minister S Jaishankar in New Delhi on Friday.

According to a release by the Ministry of External Affairs, the discussions focused on expanding strategic partnerships in trade, industry, energy, fertilisers, connectivity, technology, and critical minerals, while also reviewing progress on outcomes from the 23rd India-Russia Annual Summit held in December 2025.

During the talks, both sides exchanged views on regional and global developments, including the situation in West Asia.

"Both sides held wide-ranging discussions focusing on trade, industry, energy, fertilizers, connectivity and mobility in addition to new opportunities in technology, innovation and critical minerals. The two sides also reviewed the progress on the implementation of the various outcomes of the 23rd India Russia Annual Summit held in December last year. The co-Chairs also exchanged views on regional and global developments, including the conflict in West Asia," the release read.

Manturov's visit, which spanned April 2 to April 3, also included engagements with Prime Minister Narendra Modi, Minister of Finance Nirmala Sitharaman, National Security Adviser Ajit Doval, and other senior officials.

The visit underscores the shared intent of both nations to deepen economic ties and enhance strategic collaboration across key areas of mutual interest.

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