The union cabinet Minister for the Ministry of Petroleum and natural Gas Shri Dharmendra Pradhan signed the 1st ever term contract with Mr. Igor Sechin, Chief Executive Officer (C.E.O) and Chairman of Rosneft (Russia’s largest oil producing Company). The term contract is between State-Owned Indian Oil Corporation Limited (IOCL) and Rosneft for Importing 2 Million Metric Tonnes of Urals grade crude oil to India for the year 2020.
