Russian energy firm Gazprom plans Kakinada LNG venture

that India has revived other partnerships with Russia recently, including defence acquisition plans.

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India-US relations, meanwhile, remain strained over Washington's steep tariffs on Indian goods, including an additional 25% penalty for sourcing oil from Russia, even as New Delhi is looking to strike a landmark trade deal.

“India has made it clear to the US that it would not budge to diktats. In this scenario, new business tie-ups and invest-mentscan be expected by Russian companies in India,” Gur-jarsaid.

Another legal expert said the US sanctions would not have an impact on Gazprom’s plans for India or pose legal hurdles for the company’s Indian partners.

“Froman Indian lawstand-point, there should be no explicit legal issue in the case ofalikely investment by Gaz-prom,” said Vaibhav Kakkar, a senior partner for cross-bor-der transactions, regulatory and corporate laws, including securities, foreign exchange, at Saraf and Partners, a law firm.