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The auctions are a part of a infrastructure modernization drive of the Rousseff government.
The EU and wealthy nations have exchanged blame with poorer countries for the stalled talks.
Putin also indicated that the two sides would step up military technology cooperation.
India's prime minister highlighted the “intense competition and rivalries in the security domain” in the globalised world.
Indian Prime Minister Manmohan Singh said on Thursday that BRICS countries faced common challenges.
India's Ambassador to the UN said his country is deeply disappointed by “unfinished mandates” of the world body.
The pipeline is owned by Sinopec, China's largest oil refiner.
Both Russia and the US are hopeful that the talks will lead to some positive conclusion.
China is South Korea's biggest trading partner, with Seoul's exports to Beijing accounting for a quarter of the total in 2012.
A rift is growing between rich and poor countries, who say they are vulnerable to adverse effects of climate change.
