India-Russia: News & Analysis
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Re: India-Russia: News & Analysis
Maybe in interest of reciprocity, and since it is good to have military to military engagement, India has to engage with Ukrainian Military. Conduct joint excercises with Ukrainian and explore anything they might have to sell on the cheap.
Re: India-Russia: News & Analysis
Chemezov: supply of S-400 to India can begin in 2020
Подробнее на ТАСС:
http://tass.ru/armiya-i-opk/3707452
Подробнее на ТАСС:
http://tass.ru/armiya-i-opk/3707452
He told reporters on the sidelines of the BRICS summit, the head of the state corporation "Rostec" Sergei Chemezov.
"Today was signed an intergovernmental agreement under which the Russian side has undertaken to deliver S-400 is one of the modern systems of missile defense. We start after this training contract and I hope that in the first half of 2017 we will complete and sign the contracts and I will start the production of that delivery will begin somewhere in 2020 ", -. he said.
New fighter
He also stated that the contract for the creation of the fifth generation of Russian-Indian fighters could be signed before the end of the year.
"This is the fifth generation aircraft that will be created in collaboration with the Indian company. Somewhere it will be similar to the FGFA, but it will still be an independent, new, modern aircraft. We have almost completed all the negotiating issues and ready to be signed, there were formalities. Hopefully that the contract will be signed "before the end of the year, - he said.
The development of rare-earth metals
According to Chemezov, "Rostec" interested in participating in the development of rare-earth metals in India until the specific proposals have been received.
"With regard to deposits of rare earth metals, if any, we are ready to participate in such developments We have experience, we have already started production of rare earth metals on the territory of Russia -.. In the Far East, in the south of Yakutia We could here work can. be some other fields until we no proposals from India have been reported, "-. he said.
Frigates Project 11356
The head of the state corporation said that Russia will supply India's two frigates of Project 11356, the rest will be manufactured at the Indian shipyard with Russian participation.
"Today, an intergovernmental agreement was signed, according to which the Russian side has undertaken to provide technical assistance in establishing production frigates 11356 Two frigates will be built in Russia, following the frigates will be built in India in one of the yards," - he said.
He noted that the question of what it will shipyard, will determine the Indian side. Rostec will continue to work with this shipyard. The question is, when will be organized delivery will be decided later.
Chemezov said that the delivery of 40 Ka-226T in India could begin in 2017-2018., Will continue to be localized in the territory of India.
Re: India-Russia: News & Analysis
Some glaring mistakes though. The S-400 is not being procured in enough # to kill the local BMD.ShauryaT wrote:Mindless military procurement – S 400 - Bharat Karnad
There are some mistakes here, but does not affect the message.
Also, the local BMD can handle salvos. Its been tested in that role. The exact # was also provided earlier (shouldn't have been, but DRDO did it to play along with all that transparency BS..)
Anyhow, he is right about Rafale but we haven't closed that yet.
Re: India-Russia: News & Analysis
China also buyed S-400 ; can we have the details of the same just to compare with India deal S-400 deal. Such as price comparison
Re: India-Russia: News & Analysis
So it's not going to the be frigates already under construction in Russia but construction has halted because of the engine issue. I was under the impression that we'll get those.
Re: India-Russia: News & Analysis
China purchased 1 to 4 S-400 at the cost of 3 billion and we have 5 at the cost of 5 billion.
Re: India-Russia: News & Analysis
we dont what our contains and what theirs did.
for the body langwidge experts

for the body langwidge experts

Re: India-Russia: News & Analysis
There was news , rumor in last few months that Indian purchase of s-400 includes twice the numbers of missiles than in standard system.zoverian wrote:China purchased 1 to 4 S-400 at the cost of 3 billion and we have 5 at the cost of 5 billion.
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Re: India-Russia: News & Analysis
The question remains whether Russia can deliver the S-400 in a timely manner and if it actually works and has an availability rate of 75% or better? Given past history, this remains questionable and seems that Russia may use Indian funds to finance its own defense preparedness. The other question is will payment be in Rupees, Rubles or Dollars. My guess is that it will be in USD?
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Re: India-Russia: News & Analysis
Modi bhai looks like he's lost some weight.
Re: India-Russia: News & Analysis
S-400 is being purchased by Russia itself. Bodes well for its availability. Not a one off for an export customer..
Re: India-Russia: News & Analysis
Bharat Karnad is always crying about something or the other. When LEMOA was signed he was bellowing that Russia will see LEMOA as a stab in the back and stop supplying India with the S400, Akula etc. etc. Now that India is getting the S400 and who knows maybe the 2nd Akula lease has also been signed, he is crying that the S400 will kill the DRDO program. Real crybaby. It's been 8 years or more since Saraswat worked on the BMD program. From Sarasvat's talk in those days it was as if at least a token BMD system would be established soon at least in Delhi and Mumbai. What has happened?Karan M wrote:Some glaring mistakes though. The S-400 is not being procured in enough # to kill the local BMD.ShauryaT wrote:Mindless military procurement – S 400 - Bharat Karnad
There are some mistakes here, but does not affect the message.
Also, the local BMD can handle salvos. Its been tested in that role. The exact # was also provided earlier (shouldn't have been, but DRDO did it to play along with all that transparency BS..)
Anyhow, he is right about Rafale but we haven't closed that yet.
For starters as I have said, if India does not have a credible national radar linked AD system, forget about trying to escalate vs Pakistan. And while the S400 may not work 100% as advertised, it will at least establish enough doubt in Pakistan about the ability of 6-12 aircraft or a salvo of 4-6 missiles from penetrating India's AD/BMD defences. It will also serve as probably the first area defence missile system for India. Akash, Pechora are all point defence systems for protection of the armed forces. But there is nothing AFAIK for effective defence of a large civilian area such as a whole urban area i.e. Mumbai, Bengaluru, Delhi etc or for that matter to not just track but engage a target coming over at any point across the Pakistan or China borders. Unless India gets the S400.
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Re: India-Russia: News & Analysis
Assuming the S-400 has good availability rates (>75%) since it is a new weapon system. The question remains whether the Russians can deliver in a timely manner since their industrial capacity has become limited due to a scarce of funds.Karan M wrote:S-400 is being purchased by Russia itself. Bodes well for its availability. Not a one off for an export customer..
Re: India-Russia: News & Analysis
talks are on going to make civilian jet Superjet in india
http://www.thehindu.com/news/national/i ... 224802.ece
http://www.thehindu.com/news/national/i ... 224802.ece
“The agreements on manufacturing of Kamov 226T helicopters, construction of frigates and acquisition and building of other defence platforms are in synergy with India’s technology and security priorities. They also help us achieve the objectives of Make in India,” Prime Minister Modi said after the exchange of agreements.
In his statement, President Vladimir Putin highlighted Russia’s “stable” approach to ties with India and said his government will ensure steady energy cooperation with India to support the expanding Indian economy.
“Sometimes differences appear in some projects over a period due to currency devaluation. But we commit to maintain a steady approach to bilateral projects with India,” said President Putin and added, “we are working on joint development of Sukhoi super jets and passenger aircraft.”
Re: India-Russia: News & Analysis
India, Russia ink pacts that will lead to defence deals worth Rs 72,000 crore
Correcting the pronounced tilt towards the US in defence deals over the last decade, India on Saturday inked pacts with Russia to acquire advanced air defence missile systems, stealth frigates as well as jointly produce light-utility helicopters. The three projects are collectively worth an estimated $10.5 billion (over Rs 72,000 crore).
The two pacts or inter-governmental agreements (IGAs) for five new-generation Russian S-400 Triumf missile systems+ and four upgraded Teg or Grigorivich-class frigates, apart from the joint venture to produce 200 Kamov-226T light utility helicopters+ , are not actual contracts as yet. That will take some time, with the nitty-gritties and final costs to be sealed through further negotiations in the days ahead.
But Prime Minister Narendra Modi and Russian President Vladimir Putin, in whose presence the pacts were inked in Goa, were all gung-ho about the reinforcement of the bilateral strategic partnership+ "to lay deeper defence ties" in the years ahead. "Agreements on manufacturing Kamov-226T helicopters; constructions of frigates; and acquisition and building of other defence platforms are in synergy with India's technology and security priorities," said Modi.
In terms of sheer strategic value, India's acquisition of the five S-400 systems for over $5.5 billion is clearly going to be game-changer. TOI was the first to report in October 2015 about India's decision to go in for the S-400 systems, which basically have three kinds of missiles that can fly at supersonic and hypersonic speeds to intercept all kinds of targets at ranges from 120 to 400-km.
Defence sources said the S-400 systems, with three meant for the western front with Pakistan and the other two for the eastern one with China, can shoot down Chinese or Pakistani fighters while they are flying in their own airspaces.
India will be the second customer for the S-400 (called SA-21 Growler by NATO), with China slated to get the anti-aircraft\anti-missile systems under a $3 billion deal with Russia in 2014. A defence source said, "Most of the negotiations for our S-400 systems are over ... the contract should be inked among the first to be inked."
Re: India-Russia: News & Analysis
India, Russia sign deal on information security
India and Russia on Saturday sealed a deal on ‘information security’ aimed at countering terrorism, drug trafficking and other illegal cross-border activities.
During a bilateral summit between Prime Minister Narendra Modi and President Vladimir Putin, India expressed appreciation for Russia’s “unequivocal condemnation” of the cross border terror attack in Uri.
“Russia’s clear stand on the need to combat terrorism mirrors our own. We deeply appreciate Russia’s understanding and support of our actions to fight cross border terrorism, that threatens our entire region. We both affirmed the need for zero tolerance in dealing with terrorists and their supporters,” Mr. Modi said.
The Russian position on cross-border terrorism from Pakistan is significant since it had held a joint military exercise with Pakistan in the last week of September. Foreign Secretary S. Jaishankar said Russia’s ties with Pakistan will “never” lead to anything that might be contrary to India’s interest. Echoing India’s concerns, Sergey Chemezov, head of Rostec State Corporation said Russia does not intend to sell any military hardware to Pakistan at “present”.
“The military exercises in September this year were directly connected with modernising counter terror operations in Pakistan,” Mr Chemezov told the media.
Re: India-Russia: News & Analysis
No Russian fighter jets for Pakistan: Sergey Chemezov
http://www.thehindu.com/news/national/n ... 225218.ece
On a day India and Russia signed major defence deals worth $10 billion and other agreements, CEO of Russia’s ROSTEC Corp Sergey Chemezov says the seeming decline in India-Russia ties is a thing of the past. Mr. Chemezov, who runs Russia’s military and tech giant and is a close associate of President Putin, is often referred to as the second-most important Russian on defence issues. He spoke to Suhasini Haidar and other journalists in a select interaction in Goa.
http://www.thehindu.com/news/national/n ... 225218.ece
On a day India and Russia signed major defence deals worth $10 billion and other agreements, CEO of Russia’s ROSTEC Corp Sergey Chemezov says the seeming decline in India-Russia ties is a thing of the past. Mr. Chemezov, who runs Russia’s military and tech giant and is a close associate of President Putin, is often referred to as the second-most important Russian on defence issues. He spoke to Suhasini Haidar and other journalists in a select interaction in Goa.
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India and Russia have signed many major agreements today, including for the S-400 Triumf anti-missile system. Could you tell us about the timeline and costs for these and the other agreements?
I can say that with the S-400, India will have the most modern system for air defence that exists at present.
By 2020, you should see the systems beginning to be delivered. As far as the costs are concerned, these will be finalised in the contract itself. The fifth generation fighter aircraft we propose will be a joint design manufactured jointly with an Indian company, made specifically for the needs of India. For the 200 Kamov 226T helicopters, we will partner with HAL (Hindustan Aeronautics Ltd.), with HAL owning 50.5 per cent at the location of HALs choice.
We have a long-standing relationship with India, and now hope to improve our civilian deals as well, including on electronics, biochemistry and optic fibres.
Russia has been overtaken by the U.S. as the largest defence supplier, and there has been a sense that the relationship has flagged. Will the deals signed on Saturday revive ties?
Our relationship with India has always been strong and fruitful in both military production and civilian areas.
Inter- governmental relations always have cycles and some parts of the cycle may be more or less active than others. Sometimes, they can be influenced by foreign factors or by internal factors.
It may look like there has been a decline in Indo-Russian relations as a result. However, in recent times, the relationship has been strengthening and broadening, and India is a strong ally and partner for Russia.
How about the new ties with Pakistan, including delivery of helicopters, and the recent military exercises? Do you plan any military sales to Pakistan, given a Russian delegation attended the Karachi DefExpo for the first time?
Our relationship with Pakistan has existed in the past as well, and while you can see areas where it has broadened, but not significantly. The military exercises in September this year were directly connected with modernising counter terror operations in Pakistan. ISIS is a global danger and doesn’t just involve terrorists in the Middle East but also in India and Pakistan. Therefore joint military exercises are important, but it must be noted that were not in any way targeted at India or at any other conflict in the region.
And military sales, given reports Russia may consider selling Su-35s in the future?
We are not delivering any military aircraft to Pakistan. We have made deliveries of transport helicopters and that contract has been completed. No contracts or plans for any other military-related equipment to Pakistan exist for present.
How badly have sanctions in the past two years affected ROSTEC and the Russian economy? Have they forced Russia to look east rather than west?
It’s true…Sanctions have affected us and some of our production also declined at the time, as we were unprepared for the action by western countries.
As a result sourcing was hit. But we have done well to overcome all the difficulties mostly through domestic production of equipment, or to source them through Asia including from India. We have also found that we have been spurred to manufacture and offer more advanced equipment than we previously would have in normal progression. In both military and civil production, we want to be less dependent on external forces.
I think the sanctions have pushed us to do better and grow quicker, and in the long run have meant no threat in any meaningful way to ROSTEC and to the Russian economy.
Re: India-Russia: News & Analysis
He is always on diet.Mort Walker wrote:Modi bhai looks like he's lost some weight.
He was same when I had the good fortune to shake his hand last year this time.
Re: India-Russia: News & Analysis
Modiji woukd have only recently completed 9 days complete fasting for Navarathri where he only takes nimbu pani.
Re: India-Russia: News & Analysis
mumbai & delhi already have SAM cover. S300 it is. The S400 is for bengaluru, chennai, pune, kolkata.ldev wrote:Bharat Karnad is always crying about something or the other. When LEMOA was signed he was bellowing that Russia will see LEMOA as a stab in the back and stop supplying India with the S400, Akula etc. etc. Now that India is getting the S400 and who knows maybe the 2nd Akula lease has also been signed, he is crying that the S400 will kill the DRDO program. Real crybaby. It's been 8 years or more since Saraswat worked on the BMD program. From Sarasvat's talk in those days it was as if at least a token BMD system would be established soon at least in Delhi and Mumbai. What has happened?Karan M wrote:
Some glaring mistakes though. The S-400 is not being procured in enough # to kill the local BMD.
Also, the local BMD can handle salvos. Its been tested in that role. The exact # was also provided earlier (shouldn't have been, but DRDO did it to play along with all that transparency BS..)
Anyhow, he is right about Rafale but we haven't closed that yet.
For starters as I have said, if India does not have a credible national radar linked AD system, forget about trying to escalate vs Pakistan. And while the S400 may not work 100% as advertised, it will at least establish enough doubt in Pakistan about the ability of 6-12 aircraft or a salvo of 4-6 missiles from penetrating India's AD/BMD defences. It will also serve as probably the first area defence missile system for India. Akash, Pechora are all point defence systems for protection of the armed forces. But there is nothing AFAIK for effective defence of a large civilian area such as a whole urban area i.e. Mumbai, Bengaluru, Delhi etc or for that matter to not just track but engage a target coming over at any point across the Pakistan or China borders. Unless India gets the S400.
Re: India-Russia: News & Analysis
Navratri fasting.Mort Walker wrote:Modi bhai looks like he's lost some weight.
Re: India-Russia: News & Analysis
Putin told leaders of the BRICS on the Russian vision of the situation in Syria
10.16.2016 15:14:07
10.16.2016 15:14:07
Link http://militarynews.ru/story.asp%3Frid% ... d%3D429471Goa (India). 16 October. Interfax - Russian President Vladimir Putin said that he had informed his colleagues on the BRICS on how Russia sees the development of the situation in Syria.
"I have informed all our colleagues and friends from five about how we see the situation unfolding in Syria in general and around Aleppo in particular," - he told reporters in Goa on the press conference said.
Putin also noted that all members of the BRICS countries consider it necessary to fight terrorism and believes that the Syrian conflict could be resolved only through political and diplomatic means.
Re: India-Russia: News & Analysis
Russia and India will jointly develop a fifth-generation aircraft T-50 - Putin
10.16.2016 15:10:15
10.16.2016 15:10:15
http://militarynews.ru/story.asp%3Frid% ... d%3D429470Goa. 16 October. INTERFAX - Russia will work together with India over the plane of the fifth-generation T-50 and will be engaged in the improvement of the missile system "Brahmos", said Russian President Vladimir Putin.
"We will work together on a fifth-generation aircraft we have already raised it in the air, but there is still a lot of work It is a known aircraft -.. T-50", - he told reporters.
According to him, Russia will deal with the increase in range missile systems, "BrahMos". "We will improve the system of the missile" Brahmos "We will do its land, air and sea-based We have agreed that we will work to increase the range of systems of air and sea-based..", - Said Vladimir Putin.
Re: India-Russia: News & Analysis
Range increase looks like post-MTCR effect
Re: India-Russia: News & Analysis
Putin - for cooperation with the US in combating terrorism
10.16.2016 14:54:11
10.16.2016 14:54:11
http://militarynews.ru/story.asp%3Frid% ... d%3D429467Goa (India). 16 October. INTERFAX - Moscow supports cooperation with Washington in the fight against terrorism, a positive example of this is the interaction of special services of the two countries in the preparation of the Winter Olympics in Sochi, Russian President Vladimir Putin at a press conference in Goa on Sunday.
"Dialog (in the fight against terrorism), there is always," - Putin said. He recalled that in his time - even before the tragic events in Boston during the marathon - the FSB, at the request of the President of the Russian Federation, sent the Americans a written notice of the fact that in Russia in the development of "there are people who are dangerous, and we offer them work. "
"But there was no answer, as time passed, Alexander Bortnikov (FSB director) came to me and told me about it I said to him: write more, he again wrote from the second or third time we have received the answer: they (Tsarnaevy brothers) -.. US citizens do not climb, we shall understand ourselves I said. well, okay, so, so, "- said Putin, adding," that there was a terrorist attack during the marathon in Boston a couple of months. "
"All this is evidence that those who are in favor of cooperation, particularly in combating terrorism - their position is right We are committed to exactly that point of view." - Said the Russian leader.
According to him, the examples of such cooperation is. "In preparation for the Olympics in Sochi, the US side and US intelligence agencies have established contact real business, partnership, and helped to ensure the security, for which we are grateful," - concluded Putin.
Re: India-Russia: News & Analysis
any inputs on the maximum range by which it may be increase...Austin wrote:Range increase looks like post-MTCR effect
Re: India-Russia: News & Analysis
Look,the Kalibir,the Klub variant that Ru uses just demonstrated its phenomenal range and accuracy,1500km-2000km ,when they were fired at ISIS/rebel targets in Syria from missile corvettes in the land-locked Caspian Sea that too! Given the supersonic flight of BMos ,the range perhaps would not be as huge,but could be double or at least 500km. That would still be a massive game-changer as the poor old subsonic Exocets and Harpoons are still well under 300km.Only the Tomahawk used extensively and successfully by the US has such ranges,but is again subsonic. If this is done for BMos,then even pour Klubs could be reconfigured to match Kalibir capability. The beauty of BMos is that when it is also built in the Bmos-M version ,each MKi could carry 3 missiles.Imagine Piigstyland being subjected to hundreds of precision BMos attacks.There would be much bacon and sausage meat afterwards.
Re: India-Russia: News & Analysis
DRDO has put out in presentation which showed Brahmos flying at 18 km altitude ( compared to present 15 km ) can obtain a range of 600 kmzoverian wrote:any inputs on the maximum range by which it may be increase...Austin wrote:Range increase looks like post-MTCR effect
Re: India-Russia: News & Analysis
Putin: Russia uses few economic opportunities in the Indian market
https://ria.ru/economy/20161016/1479336585.html
https://ria.ru/economy/20161016/1479336585.html
Goa (India), October 16 -. RIA Novosti Russia in its relations with India, there is little potential uses civilian economy, while the country is enormous sales market, said Russian President Vladimir Putin.
"Military-technical cooperation - is not the only sphere of activity, which is of interest to us Unfortunately, very few opportunities involved in the civil economy there is a lot you can do, India -... Huge market, 1.25 billion people", - said Putin on the basis of the BRICS summit in India.
He said that a large part of the Indian population lives on a fairly high level - the average European income, "a large market for our products."
"We are trying to find additional niches for our cooperation", - the Russian president said, calling among these sectors space, aviation and mechanical engineering.
According to Putin, India is one of the priorities of the strategic partners of Russia, "it is not necessary to recall period (the second half of the XX century), when we had a slogan in vogue indie Rusi bhai bhai". "Since then, not much has changed, not to say that our relations have become deeper," - said the president.
Re: India-Russia: News & Analysis
Thank You.....i guess that this could be a game changer in case if we can have that much of range.Austin wrote:DRDO has put out in presentation which showed Brahmos flying at 18 km altitude ( compared to present 15 km ) can obtain a range of 600 kmzoverian wrote:
any inputs on the maximum range by which it may be increase...
Re: India-Russia: News & Analysis
now if only there was a pipeline from Ru over the mountains and deserts to bharat...
Re: India-Russia: News & Analysis
Putin holds press conference on the sidelines of BRICS summit - ENGLISH
Re: India-Russia: News & Analysis
PM Modi's Speech at Joint Press Statement with President Putin
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Re: India-Russia: News & Analysis
Not sure if was posted here earlier clicky
China blocked India's attempts to include the names of terror groups like JeM and LeT in the BRICS' Goa Declaration but what has hurt the government more, as sources said, is Russia's disinclination to argue India's case. The result, of course, was a declaration which failed to address India's core concern of the issue of state-sponsored terrorism.
What compounded the matter for India was Russia's recent military flirtation with Pakistan in the name of anti-terror exercise. In current global power play, Russia is seen increasingly as needing China more than the other way round, but Moscow's submission to the Chinese position on an issue related to India's security still has come as a revelation to the Indian authorities.
While Russia did not help India name-check JeM, which perpetrated both Pathankot and Uri attacks, in the Goa Declaration, it ensured that Syria-based Jabhat al-Nusra figured in it. As it seeks to bolster the Bashar al-Assad regime in Syria, Russia has continued to target al-Nusra, which it accuses of seeking a Caliphate through barbaric methods, in the country. Like the Nusra, JeM and LeT too are proscribed by the UN. Russia called for "relentless pursuit'' of al-Nusra in the declaration.
As strategic affairs expert Brahma Chellaney said, Moscow appeared willing to accommodate India's concerns in the Goa Declaration but, in the face of Chinese opposition, shied away from supporting India's case.
"The result was that the declaration failed to mention the most potent form of terrorism in the world, which is state-sponsored. And while citing groups like ISIS and al-Nusra, the declaration conveniently omitted any mention of the Pakistan-based organizations that the UN has designated as terrorist entities," he said, adding that the "anodyne" declaration called into question the utility of Brics for India.
With Russia doing precious little for India, China could shield Pakistani terrorism not only at the UN Security Council but also at a multilateral summit on Indian soil. In doing so, as Chellaney said, China rode roughshod over Indian concerns and showed itself culpable in the killing of 26 Indian soldiers at Uri and Pathankot.
While Russia itself has been the clear winner in terms of BRICS' focus on security related issues, China continues to call the shots on financial issues, leading to questions about the utility of Brics for India.
"China uses BRICS to advance its economic and political interests, including dominating the two financial mechanisms that the grouping has set up. But what does India get from BRICS?" said Chellaney.
"Goa showed that while China manages to get its own way, even at India's expense, Indian officials do little other than put on a brave face. Even earlier, when China secured the right instead of India to host the Brics' New Development Bank, Indian officials were left flaunting a consolation prize -- an Indian to be the Bank's first president," he added.
The Goa Declaration came just a day after President Vladimir Putin assured PM Narendra Modi in their summit meeting that Russia would do nothing to hurt India's interests. As MEA secretary Amar Sinha admitted, there was no consensus on naming Pakistan-based terror groups because other countries are not affected by their actions.
Moscow also had its full say on Syria as the declaration called upon all parties involved to work for a comprehensive and peaceful resolution of the conflict taking into account the legitimate aspirations of the people of Syria, through inclusive national dialogue and a Syrian-led political process.
"While continuing the relentless pursuit against terrorist groups so designated by the UN Security Council, including ISIL, Jabhat al-Nusra, and other terrorist organisations designated by the UN Security Council,'' said the declaration.
Re: India-Russia: News & Analysis
http://money.cnn.com/2016/10/17/investi ... an-russia/
Russia barges in on Iran's oil bromance with India
Russia barges in on Iran's oil bromance with India
State-owned Russian energy giant Rosneft is the lead investor in a $12.9 billion buyout of India's Essar Oil that was announced over the weekend. Russian investment group United Capital Partners (UCP) has also snapped up a stake.The purchase of the oil refiner gives Russia more muscle in India at a time when its demand for energy is booming."Rosneft is entering one of the most promising and fast-growing world markets," CEO Igor Sechin said in a statement.India is already the world's third-largest oil importer, and its demand will jump by more than 300,000 barrels per day this year, according to the International Energy Agency. That's more than any other nation.It's a trend that has attracted other top crude producers -- especially Iran.
Iran has been upping its oil production since it was freed from sanctions in January. Much of the crude has been sold to India, which maintained close ties with Tehran while the trade restrictions were in place.India is well positioned as a buyer because many of its refineries were built to process Iranian-grade crude.Roughly 40% of the crude imported from Iran was refined at Essar Oil's massive refinery in the state of Gujarat.
Now that the refinery is under new ownership, it's likely to be processing more shipments from Russia.Lalit Kumar Gupta, Essar Oil's chief executive officer, told Bloomberg in August that shipments from Iran would decline if Rosneft bought a stake in the Indian firm."When they are on board we will see how much to buy, what to buy," he said.Now, Iran might need to find new buyers in a global market already saturated with supply.
Re: India-Russia: News & Analysis
I want to understand which of the IGAs/MoUs are actually signed contracts/orders?
Re: India-Russia: News & Analysis
S-400/Krivavk deal are IGA , Essar/Rosneft ,Ka-226 are actual contract .....others are MOU/Contract too long to rememberindranilroy wrote:I want to understand which of the IGAs/MoUs are actually signed contracts/orders?
Re: India-Russia: News & Analysis
As I had mentioned the so called closed part of the agreement might be related to Akula lease and Vedomosti is confirming 2nd Akula lease deal has been signed https://www.vedomosti.ru/politics/artic ... udnichayut
Akula will be upgraded and leased to Indian navy
According to the person in the Russian defense industry, it was signed in Goa has long been discussed and an agreement on the transfer of India in leasing multipurpose nuclear submarine of project 971 from the Russian Navy, which it will pass repair and modernization. In 2007, India had already been transferred to the lease for $ 900 million unfinished nuclear submarine of this type of "Seal", received in the Indian Navy Chakra named in honor of the Soviet atomic project 670 boats, which the Soviet Union has been leased to India in 1988-1990.
Akula will be upgraded and leased to Indian navy
According to the person in the Russian defense industry, it was signed in Goa has long been discussed and an agreement on the transfer of India in leasing multipurpose nuclear submarine of project 971 from the Russian Navy, which it will pass repair and modernization. In 2007, India had already been transferred to the lease for $ 900 million unfinished nuclear submarine of this type of "Seal", received in the Indian Navy Chakra named in honor of the Soviet atomic project 670 boats, which the Soviet Union has been leased to India in 1988-1990.
Re: India-Russia: News & Analysis
Any idea when it will join IN and which ship? Frankly glad they went with Akula since we already ave one.