“Cooperation has grown many times and even dozens of times.

The outlook here is very good.

We are pleased to supply our products to the Indian market, India is interested in it, ”RIA Novosti quotes him.

He noted that the Indian government has given permission to its companies to buy Russian oil and gas at prices below the world average. 

Alipov did not specify specific figures for the growth of Russian oil supplies to India.

He only said that there are growth figures of 50 times.

Earlier, Reuters reported that India's purchases of coal from Russia from May 27 to June 15 increased by about six times, and oil by 31 times compared to the same period last year.

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 in an interview with RT that Russian oil exports will increase, since there is demand for raw materials both in Asia and in Europe.