vedomosti: Revenue from Russian oil and gas exports rise in June y/y: Vedomosti, Energy News, ET EnergyWorld

2022-09-09 20:19:28 By : Ms. Jannie Zheng

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Oil and gas sales are expected to contribute some 40 per cent of the Russian state coffers in 2022 and are crucial at the time of the Western sanctions imposed after Moscow sent troops into Ukraine on Feb. 24.

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Iyer is an electrical engineer with more than 36 years of experience in execution of projects in the areas of gas pipelines, LNG terminals, city gas distribution projects, renewables etc, amounting to Rs.40,000 crore.

Among the three bidders, RIL has made the highest offer - of around ₹1,960 crore - to lenders, and most of the money would be paid upfront, one of the persons cited above said. If RIL emerges as the winning bidder, it would mark the conglomerate's entry into coal-based power production.

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