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Modi ignites GSPC interest in Russia

Chief minister Narendra Modi on the third day of his visit to Russia on Tuesday met the officials of Russian oil and gas major, Gazprom.

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Chief minister Narendra Modi on the third day of his visit to Russia on Tuesday met the officials of Russian oil and gas major, Gazprom, and impressed upon them the progress made by Gujarat in oil and gas sector.

Officials of GSPC and the business delegation from Gujarat were with Modi when the chief minister met Gazprom officials on the on the sidelines of the 4th International Energy Week Conference in Moscow. The CM apprised Gazprom president Mandawav about
Gujarat's achievements in oil and gas sector and the opportunities the state has for international oil & gas companies.

Modi told Gazprom officials that "Gujarat is not only increasing its capacity in oil-gas exploration and production and creating petro reserve Gujarat, it is also focusing on developing Pandit Deendayal Petroleum University as the  International Human Resource Development Institute in World."

During the meeting, Gazprom president showed keen interest in creating partnership with Gujarat in oil & gas sector. They showed interest in Gujarat LNG port terminal, exploration equipment, technology transfer and Bhatinda-Gujarat oil-gas pipeline project, and also the management course at the petro varsity. A delegation of the company will visit Gujarat to explore these areas.

Modi also met officials of leading oil-gas and civil construction company, ITERA.   The CM invited them to dinner hosted by GSPC. He also informed the company officials about the exceptional progress made by the GSPC.  The CM and the Gujarat delegation also met Russian petroleum company STROTRANSGAZ's president Anryazanov and other officials.

The chief minister, along with the business delegation, met Indian medical students, including those from Gujarat, and Indian-Russians. He informed them about the progress Gujarat has made in various sectors and invited them to participate in the development of the state.

On Monday, Modi had invited the Russian telecom giant, SIS TEMA, to set up a Sim card and microchip manufacturing unit in Gujarat. Sources said that SIS TEMA had responded positively to Modi's offer and had promised to send a delegation of company officials to Gujarat.

While addressing the delegates at the energy conference on Monday, the CM had said that Gujarat had made considerable progress in creating an "integrated value-chain in the petroleum and energy sector".

Recalling that, in 1964-67, Russia had conducted extensive exploration for oil in the bay of Khambhat, Modi invited Russian oil and gas companies to invest in Gujarat once again.
He told the delegates at the conference that, in 2001, Gujarat had evolveda strategy for exploration and research in hydrocarbons (gas, oil and petroleum). As a result, the  state had become the petro-capital of India within  a decade, he said.
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