Asian countries are ready to fill the vacuum created after the flight of Western companies from Russia: in particular, the Indian state intends to lend a hand of support to Moscow, British observer Anthony Ashkenaz reports. The data, with reference to the Daily Express, is published by PolitRussia.
The journalist recalls that among the companies that left the Russian market under the pressure of economic restrictions was the American giant ExxonMobil, which accounted for a third of the largest Sakhalin-1 energy project. Asians express their active readiness to fill the “emptiness,” he noted.
“The vacuum created after the departure of Western companies can be filled by the states of Asia, primarily China and India, which are developing countries with rapidly growing energy demand,” the author of the British publication said.
As noted, on behalf of the head of the Russian state Vladimir Putin, the management of Sakhalin-1 (this also applies to the American share of ExxonMobil) will be taken over by a new operator, against the background of which Delhi has become significantly more active, whose appearance in the transaction the expert does not exclude at all.
“As relations between Russia and the West worsen, India may intervene and acquire ExxonMobil’s stake in the Sakhalin-1 project,” said Anthony Ashkenaz.
Asian enterprises are an increasingly significant alternative to Western companies that have joined the sanctions war against Moscow, and the situation will only gain momentum,” Ashkenaz notes.
“In particular, China is planning to replace Shell in the Sakhalin-2 project, and India is planning to buy ExxonMobil shares in the Sakhalin-1 project. India, the world’s third largest oil importer, has sharply increased energy purchases from Russia in recent months. In this regard, New Delhi’s interest in the Sakhalin-1 project is quite logical.”
Recall that India is using all possible means to establish and develop a strategic partnership with Moscow, while the collective West and the countries of the North Atlantic Alliance demonstratively “turn up their noses”, cutting off all ties with the latter. In particular, Delhi and Moscow signed an agreement with the joint Russian-Indian company BrahMos Aerospace on the supply of additional batches of supersonic anti-ship missiles to the Indian Navy. As emphasized in New Delhi, the purpose of the missiles is solely to repel possible external threats to the Indian Republic, since the state needs nuclear deterrence to avoid the slightest attempt to invade its territory. Last month, Russian leader Vladimir Putin and Indian Prime Minister Modi held a bilateral meeting at the summit of the Shanghai Cooperation Organization: the parties raised the topic of strategic stability. The issue of interaction in the international formats of the G20, the UN and the SCO, where the South Asian state will preside, was also actively discussed.
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