Russia, Sri Lanka discuss energy cooperation, investment projects
MOSCOW. April 10 (Interfax) - Officials from Russia and Sri Lanka discussed energy cooperation and investments projects during a videoconference.
The Russian Energy Ministry said Deputy Energy Minister Roman Marshavin held the discussions with Sri Lankan Minister of Power and Energy Kumara Jayakody and representatives of the country's energy companies.
They discussed prospects for joint investment projects in the fuel and energy sector, as well as the republic's energy needs. Involving Russian companies in the construction and modernization of energy infrastructure facilities, including LNG, was also touched upon.
"We view Sri Lanka as a promising partner in the energy sector, and our negotiations were constructive. The Sri Lankans said they were willing to cooperate on investment projects in the energy sector," the deputy minister said.
Also, the Russian Economic Development Ministry commented on the 8th Session of the India-Russia Working Group on Priority Investment Projects in Delhi, co-chaired by Amardeep Singh Bhatia, Secretary of the Indian Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry, and by Vladimir Ilichev, Deputy Russian Economic Development Minister. The session took place in the framework of the India-Russia Intergovernmental Commission on Trade, Economic, Scientific, Technological and Cultural Cooperation.
"Russia's largest natural gas producer is interested in in-depth cooperation with Indian companies at all stages of the project for exploration, production, processing and sale of natural gas," the Russian ministry said.
Representatives of a number of Russian entities, leading financial institutions and Russian companies interested in investment projects in India attended the meeting of the working group and the investment forum. The Russian delegation presented priority and promising investment projects to their Indian colleagues.
The parties approved a roadmap for promising new investment projects with India following the working group meeting.
