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  • Igor Sechin: Russia Develops Energy Cooperation with India

    Rosneft Chief Executive Officer Igor Sechin participated in a ministerial session during the Indian Energy Week, a key South Asian forum dedicated to energy security and environmental sustainability. Indian Prime Minister Narendra Modi inaugurated the India Energy Week and participated in a roundtable discussion with the leaders of global energy companies.

    The head of Rosneft noted that India, having become the most populous country in the world, is turning into a leader in global economic dynamics. According to the IMF’s latest calculations, half of global economic growth this year will come from India and its neighbors, with the U.S. and the Eurozone accounting for only 10%.

    “It is a big country with a huge young ambitious population, where the most important thing is dynamics. It is no coincidence that analysts and experts predict an annual growth rate of up to 7% for India,” said Igor Sechin.

    The head of Rosneft pointed out that Russia, in its turn, was able, under unprecedented sanctions, pressure, and confrontation with almost the entire Western world, to achieve results more significant than many of the world’s leading economies.

    “The implementation of major economic programs has already become, regardless of the situation developing around us, a great psychological victory, which will predetermine our success in other areas”, stressed Igor Sechin.

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