Russian state oil company Rosneft has reportedly agreed to a long-term crude supply deal with private Indian refiner Reliance.
The terms of the deal, which the two companies have not officially confirmed yet, comes before a planned visit by Russian President Vladimir Putin to India.
It involves a Rosneft commitment to supply nearly 500,000 barrels per day of crude over 10 years, Reuters said, citing three sources familiar with the deal.
