NEW DELHI -- Indian Prime Minister Narendra Modi on Friday announced an agreement with Russian President Vladimir Putin to jointly develop a liquefied natural gas project on the Arctic shelf, in a statement following a summit between the two leaders.
The joint statement said, "The [two] sides acknowledged the interest of Russian and Indian companies in cooperation in the field of [liquefied natural gas] and welcomed the commencement of supply of LNG under the long-term contract between Gazprom Group and GAIL India Ltd."
