company novatek and the indian chemical concern depark held lng supply talks at the forum of the indian energy weeklace these days in bangalore, and the rosneft company announced that indian refineries will be fully supplied with raw materials this year. dmitry morokov russian companies are increasingly mastering the indian energy market negotiations on long-term supplies of liquefied natural gas to the country are being conducted by navatek these days. details are being discussed as part of the indian energy week in bangalore. the first results have already been signed , and a memorandum of understanding in the field of gas supplies with a major player in the local chemical industry, depack, india is already the fourth largest importer of lng in the world and by 2030 plans to increase the share of natural gas in its energy balance up to 15%, novatek. the prospects for the indian market are well understood compared to russia, which has power generation. uh, gas, which, in my opinion, is more than 50%, uh, today in india it is only 7%, uh, india plans uh, increasing the share of gas in electricity g

novatek and the indian chemical concern depak held negotiations on the supply of lng at the indian energy weekum, which is taking place these days in bancor, and the head of rosneft said that indian refineries will be fully provided with raw materials this year details at dmitry morok. russian companies are increasingly mastering the energy market of india negotiations on long-term supplies of liquefied natural gas to the country are being conducted these days by novatek, the details are being discussed as part of the indian energy week in bangalore. the first results have already been signed a memorandum of understanding in the field of gas supplies with a major player in the local chemical industry, deepak, india is already the fourth largest importer of lng in the world and plans to increase the share of natural gas by 2030. gas in its energy balance up to 15%, novatek. prospects for the indian market. they understand well in comparison with russia , which , in my opinion, has more than 50% of the gas component in electricity generation, uh, today in india - it is only 7%. and in india's pl

energy week is the first event of such a high level that takes place under the indian g20 presidency this year and ah, india says that the main theme of the energy week is the green transition transition to e, green energy sources, but however, the country is still the third world's largest oil buyer last year. india has increased its purchases of oil from russia to record historical volumes, and the prime minister of the country is on the render fashion. uh, previously stated that india does not support any artificial restrictions on energy prices, which is very important for market stability. and in view of the introduction of the so-called price ceilings by western countries. alexander thank you dmitry , dmitry hassle was in direct contact with us from bangalore, indian energy week is being held there. and the news of the last minutes, vladimir putin awarded the order of courage to the artistic director of the russian state academic drama theater named after fedorov volkov, sergey puskepalis, posthumously, as stated in the decree of the head of state, published on the official port

novatek takes part in indian energy week forum kicked off this week our special correspondent dmitry dima good morning, what is the event on the trip and what topics are discussed at the negotiations? yes alexandra good morning. energy week is basically. the first event of such a high level that india is hosting under its g20 presidency this year and the main theme announced by the host side is the energy transition. in advance, for example, the minister on rendering fashion said that his country is striving to achieve carbon neutrality, that is, to reduce co2 emissions to zero by 2070 in this regard , india is extremely interested in cooperation with suppliers, and liquefied natural gas , including with russian companies. representatives of the russian company novatek, the largest private lng producer in our country, are present at the talks today. the company has been cooperating with india for more than a year, and in 2017, the first bets of the first batches from the yamal lng project began, india is now one of the fastest growing, and according to some estimates, the fastest gro

increasingly mastering the indian energy market negotiations on long-term supplies of liquefied natural gas to the country are being discussed at novatek these days as part of the indian energy weekncor. the first results have already been signed, and a mutual understanding in the field of gas supplies with a major player in the local chemical industry, depack, india is already the fourth largest importer of lng in the world and plans to increase the share of natural gas in its energy mix to 15% by 2030. novoteka. the prospects of the indian market are well understood in comparison with russia, which has no electricity generation. uh, gas components in my opinion are more than 50%, u today in india it is only 7%, and in india plans, uh, increase the share of gas in electricity generation to 15%. you see, a billion 459 million people of course, i am 9% - this is a lot of india today. one of the fastest growing economies in the world and the country needs more and more energy resources. however, the increase in lng supplies has so far been hampered by high prices, if the market if more gas appears, then its cost will decrease. and in particular, this can happen thanks to novak. leo

in angalore ended the first day of the indian energy week at the forum discussed ways to import energyrom russia to india oil price ceiling caused the global energy crisis, india's fast-growing energy market. and understandable. vera moroz will tell why it is so attractive for russia about the main topics of this international forum. the indian economy shows growth at a rate of up to 7% per year, and russia, even under pressure and sanctions, was able to implement large investment programs in this country, as noted by the ceo rosneft. even though the global energy market is disrupted the action. the world hegemon, trying by any means to maintain this hegemony, destroyed the single energy market. today, there is no single global energy market. as a result of these actions , all the principles of market trade have been destroyed, in fact, the market price of the formation of contract law has been canceled . a vivid illustration of the current situation, this is the exploded northern flow. uh the pipeline will continue to the uh baltic sea. as a result, europe is now forced to pay 3:5 tim

the first day of the indian energy week, the forum discussed the ways of imported energy resources fromto india, the ceiling of oil prices and the cause of the global energy crisis , vera moroz will talk about the main topics of this international forum . the indian economy shows growth at a rate of up to 7% per year and russia even under pressure and sanctions was able to implement large investment programs in this country, as noted chief executive officer of rosneft. even though the world energy market is destroyed, the actions of the world hegemon, trying by any means to maintain this hegemony, destroyed the united energy fish. to date, a single global energy market does not exist as a result of these actions. destroyed all the principles of market trade, in fact, canceled the market price of education contract law destroyed logistics chains that took decades to create, a vivid illustration according to bloomberg data, the abandonment of the russian energy resource has already resulted in losses of about 1 trillion euros. the imf predicts a recession in all industries in europe . cap

background to it though, sees western states preparing new price caps on russian oil with more on indian energy weeks aims here, sorry, correspondence, range and trauma. global c, e o is the industry and so and says, and policy makers are all of gathering in the bank to lose city in india and holding crucial conversations around a now do security net 0 commitments and the future of oil industry. in fact, india, the 3rd largest consumer of oil is expected to use it's g. 20 presidency is a platform to set up international biofuel alliances. and you'll see it's proposed bio fuel lines. could draw interests from countries such as russia, brazil, amongst others, in dismay, could be a new road ahead in the, in no g sector as the oil diplomacy and or, or do it in the world is foss changing courtesy, western sanctions against russia, and that are price cap that was imposed on russian crewed by the g 7. some things are abundantly clear for the lucel's are and who the beneficiaries off. right now, we're still balanced to surplus because china has still yet to fully rebound. are we going to run out of spare pro

yes, alexandra greetings today on the agenda of indian energy week, just the state of the world oil marketits forecasts should be submitted by the opek to the leadership of the organization. eh, they think. e that there are prospects for growth against the backdrop of the opening of the chinese market, unexpectedly for everyone, the country abandoned the policy of zero tolerance for the mind, and now there is expected to resume, e, growth in energy consumption. and what , in turn, can spur global oil production, while, firstly , they fear that the industry may not have enough funding in general, but it needs 2045. uh, at least 12 trillion dollars of investment to support the current needs of the market, and firstly, they believe that world demand for oil will grow from 97 million barrels per day to 110 million barrels per day by 2045 and india can provide the largest increase in this process, and the country is already the third in the world's largest oil importer, last year in particular. she bought record volumes in history from russia and the prospects for further purchases, e, said the

target market work in the current realities key statements of the head of rosneft within the indian energy week? vladimir putin held telephone conversations with the presidents of turkey and syria tonight the russian leader expressed his condolences to them in connection with the devastating earthquake, and also offered immediate assistance in eliminating the consequences of the disaster from moscow , as it is in general, according to the press service of the kremlin, rejeta and erdogan and basharasat accepted these proposals with the gratitude of the detachment of the ministry of emergency situations of russia, on the personal order of vladimir putin, went to the zhukovsky airport and from there flew to turkish and syrian cities. four aircraft of the russian emergency department will deliver the rescuers of the tsentrospas airmobile squad and the central leader to the zones of devastating earthquakes. as part of the departed group, 7 cynological crews and more than 100 rescue specialists. they are equipped with all the necessary equipment for search and rescue of victims, in addition for promp

dani: plus, we will speak to the teller -- tellurian ceo at indian energy week.s and mark cudmore take over from here. this is bloomberg. ♪ anna:

indian economy. and our special correspondent will tell in the results of two days of the energy week.try morocco oil remains the main energy resource in the world market and retains its leading role, even after 20 years, this is stated in the opec forecast presented at energy week in indian bangalore , the organization believes that global demand for oil will grow to 110 million, and barrels by 2045 by more than 20 percent and the largest increase will come from india, which is already the third largest importer in the world. including buys record volumes from russia, given that the global economy will double by 2045. global energy demand will grow by 32%, which is an equivalent increase in demand by 65 million barrels. per day, but with such demand , oil production will only have to increase by 22% and natural gas production will grow the fastest. its share will be 24% among other energy sources, opec sees prospects for the growth of the oil market against the backdrop of the opening of china, the country unexpectedly for everyone abandoned the policy of zero tolerance for the sight

ah , next week , indian energy week starts on monday, where the minister of energy, the minister of energycording to fashion, which is logical. and what will be more important there, respectively, mohammed salman with his own person? over there here came bangladesh that is, everything that is growing rapidly and at a pace now in southeast asia, so they will discuss there that the energy component, yes, somewhere on the eighth day, and that will be it. it is interesting, because, naturally, they will be formed, as it were, of a certain platform. i remind you that earlier there were applications for yuan to pay, respectively, after this application for rupiah, that is, it is being formed, respectively, as if by a certain platform, interest in this has been very large lately, next week, the second very important point. why is china here also important? you mean that they will pay in national currencies, and in relations with each other , the important thing is that they are already conducting negotiations for this position, as it were. this is especially interesting, taking into account the f

week, respectively, indian. everybody there the main events taking place now are not energy, but here all the performances are going what china said before, which will only recover to the level of the twenty-first year of the twentieth year, and increase the demand for lng in the world, for example, by 670 billion. 2 m is all for xg of the european union here and, accordingly, the volume. this is about 60% of the 100 billion that the european union exports, only he said today that there are problems with deliveries of russian lng no, well, he also said that there were some difficulties, and he nevertheless signed the agreement in part, that is, miranda signed it also, you need to understand that now the most important thing is that 70% of urals do it. now it’s not the european union, but it’s going to india, and the cost will be determined there now, by the way, speaking, based on the class , that is, which considers from there to europe and there they are processed by a driver to europe, so , uh, i considered the question of what how is the ceiling observed, taking into account delivery insurance for everything el

with us, but somehow not out of hand, and now the war for india energy week this week in india , where it is also already clear that the indiansoil. they process it. their oil refining went uphill literally there, and at their crazy pace, respectively, they have. and what is it? their own economy gets a huge boost. they were always short of liquid fuel. this has always been a problem in india with its huge population. and the second. well, this is , to put it mildly, such a jesuit decision of europe that you know, if you mix russian oil a little with e, democratic oil, it’s already, in general, and it’s not quite russian . and if something is processed there, only the price ceiling can not be applied and , accordingly, i understand that india will now also borrow. well, at least such a la turkish position, that is, without completely spoiling relations with the russian federation . using our shadow tanker fleet, processing at your refineries, receive economic dividends for your own development, and finally. here comes the question. and if we still have this window in order to unleash our military industry. here i absolutely ag

energy week, as we have been mentioning. these are some of the guests we have already heard from, fatih birol is there as well. and the indianit petroleum as well. that is a lot of guests we will be hearing from their. it will be worth listening. the indian oil minister will be asked how much oil they are importing from russia. plenty more ahead. this is bloomberg. ♪ rishaad: that is mumbai. we are looking at a flat mark -- flat open, but we are seeing adani group shares under pressure where we saw various authorities trying to calm things down. we have a lot going on elsewhere as well. we have the reserve bank of india's decision on rates on wednesday, a day after the bank of australia. we have the state of the union address on tuesday by president biden. inflation numbers come from china toward the end of the week, including ppi and cpi numbers,. as well as more news on jobless claims. this is a look at earnings. it is going to be a busy one with softbank, toyota, nissan, honda, nintendo, and tata. adani is coming with their earnings as well, so that is a look at some of the earnings stories we will be following over the n

energy administer spoke to bloomberg in dubai. indian income tax officials search the new delhi and offices of the bbc today weeks after the documentarythe riots and prime minister alleged role in the violence in his home state. an indian government official with direct knowledge of the matter described the visit as a survey but didn't give any other information. the suppliers of batteries to volkswagen and bmw could get billions from bidens bill putting policymakers on notice about the allure of u.s. green tech incentives. the tax credits included the law cover about 30% sale of operating costs if the start up a similar sized factory. it would save about a billion dollars by the end of the decade. global news 24 hours a day on air and on bloomgerg quicktake. powered by more than 2700 journalists and analysts in over 120 countries. i'm lisa mateo, and this is bloomberg. ♪ this is ge aerospace, advancing flight for future generations. ♪ welcome to a new era of flight. if your business kept on employees through the pandemic, getrefunds.com can see if it may qualify for a payroll tax refund of up to $26,000 per employee. all it takes is