NEW DELHI: Russia has assured India it will fulfill its obligation under the trade protocol for supply of crude oil and petroleum products worth 650 million dollars during 1992, the upper house of Indian parliament was informed May 6,
Petroleum minister B.Shankaranand said during the question hour that the high ranking Russian delegation, headed by Gennady Burbulis, has sites that Russia was providing special incentives to its oil enterprises to export to India.
Earlier, the minister of state for petroleum Krishna Kumar said Russia had expressed its desire to meet the Indian demand fully. To start with it had already dispatched: 60,000 tons of crude oil to India, he said.
Article extracted from this publication >> May 15, 1992
