Rosneft CEO in India next week

Russia’s largest oil company Rosneft’s CEO Igor Sechin is set to visit India next week, said two people in the know. Igor is expected to meet prime minister Narendra Modi during the latter's roundtable discussions with 17 global oil and gas CEOs during the India Energy Week between 6 and 9 February. The visit also comes at a time when Russian exporters hold billions of dollars in vostro accounts, with Indian state-run energy firms having stakes in Rosneft's Sakhalin-I, Taas-Yuryakh and Vankorneft projects. Rosneft also has an about 49% stake in Indian oil refinery and petrochemicals company Nayara Energy.