| Follow us on:
|
Russia has added 900 billion cubic meters of natural gas and 100 million tons of gas condensate to its reserves.
BRICS is part of a major foreign policy impetus for Moscow, said the Russian Foreign ministry on Saturday.
A Gazprom official noted that Chinese commercial banks may syndicate loans for Gazprom’s corporate purposes.
The ruble has seen a 47 per cent rebound since it plunged to a record-low 80.10 per dollar on December 16.
More than a quarter of the EU’s total gas needs were met by Russian gas, and some 80 per cent of it came via Ukrainian pipelines.
The Communist Party daily slammed Western sanctions on Russia that can have an adverse impact on “Russia's morale and unity”.
Asian nations like China and India growing at a faster rate than the rest of the world, said Putin.
China's exports to Russia increased 10.5 per cent year on year and imports 2.9 per cent in the first three quarters of the year.
Prime Minister Narendra Modi told visiting President Vladimir Putin last week that Russia will remain India's top defence supplier.
The weakness of the ruble is hurting Russia, which has lost tens of billions of dollars because of sanctions.
