India Eyes Arctic LNG as Energy Diversification Strategy Takes Shape
India's strategy to diversify its energy sources has led to consideration of purchasing liquefied natural gas (LNG) from the Arctic region.
This move is part of a push to deepen energy and logistics cooperation between India and Russia, according to Russian Deputy Foreign Minister Andrei Rudenko.
New Delhi's interest in Russian LNG is significant, as it comes amidst US sanctions on Russia's Arctic LNG 2 project and curbs on Russian LNG exports.
India has asserted its right to energy security despite the looming threat of US sanctions, with Indian companies involved in several major Russian oil and gas projects.