According to the source, India has purchased about $331.17 million worth of coal from Russia in the current period. Oil purchases amounted to $2.22 billion.

According to the agency, imports of Russian energy resources increased due to the proposed discount of up to 30%.

Earlier, Igor Yushkov, an expert at the Financial University under the Government of Russia, a leading analyst at the National Energy Security Fund, expressed the opinion that Russian oil exports will increase, since there is demand for raw materials both in Asia and in Europe.

The Nihon Keizai article reported that due to the increase in purchases of Russian energy resources by China and India, the effectiveness of Western sanctions against Russia is decreasing.

According to the author of the article, Indian energy companies have significantly expanded their spot purchases of Russian liquefied natural gas from Russia.