India wants to secure Energy resources and export markets to maintain its economical growth. This is the reason why the government is visiting Russia and Japan. These countries want to deepen ongoing Energy projects while seeking new leverages.
Indian and Russian companies can develop in each other’s country . The Indian government looks forward to the investment of new Russian refineries and petrochemical developments in their country. Indian companies want also to be involved in projects in Russia. To arrange this all, representatives of the two government came together to discuss this all. These transaction have no consequences for the local people, but the amount of the transaction is very big and that why the two government have to make good arranges, so that everybody is satisfied afterwards.
The Indian government wants also to import 2 million tonnes of liquefied natural gas (LNG) a year from the Sakhalin LNG project. LNG is the biggest gas importer in India, it belongs to the Gazprom group and they want to sell LNG to India. This would make the connections between the two countries bigger and would help India to keep its economical growth. It’s a big investment for the Indian government but they have to look in the future, it’s a good investment for the future.
But they have to use these natural resources very wisely and make sure that they don't wear out these source.
Source: http://www.atimes.com/atimes/South_Asia/JK22Df04.html
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