Question : Projects with Russia

(a) the details of ongoing projects with Russia by Ministry of Petroleum and
Natural Gas; and
(b) the State-wise details of the number of projects started in Petroleum and
Natural Gas sector since the year, 2020 including their cost?

Answer given by the minister

MINISTER OF PETROLEUM AND NATURAL GAS (SHRI DHARMENDRA
PRADHAN)
(a) & (b) : Indian PSUs namely ONGC Videsh Ltd (OVL), Indian Oil
Corporation Ltd (IOC), Oil India Ltd.(OIL), and Bharat PetroResources Ltd
(BPRL) have invested in Russia’s oil & gas projects namely Taas Yuryakh,
Vankorneft, License-61, Sakhalin-1 and Imperial Energy. All of them are
producing fields with cumulative investment of US$ 13630.76 million till 31
March 2020.
Nayara Energy (previously known as Essar Oil Limited) has announced during
2019-20 to expand Phase I of its Vadinar refinery in Gujarat with an investment
of about US $ 750 million.
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