Story perspectives

Indian Firms Navigate Rosneft Sanctions, Focus on Dividends

10/28/2025

Summary

Story summary

Indian companies, including ONGC, hold stakes in a Rosneft joint venture, enabling dividends from oil and gas sales.
The consortium includes Oil India Limited (OIL) and Indian Oil Corporation (IOC) and holds 23.9%, with access to 13.87 million tonnes of oil equivalent.
Despite new Rosneft sanctions, Indian investments remain below the threshold, focusing on dividends rather than crude oil.
This poses risks for global operations amid ongoing geopolitical tensions.

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Story summary

Indian companies, including ONGC, hold stakes in a Rosneft joint venture, enabling dividends from oil and gas sales.
The consortium includes Oil India Limited (OIL) and Indian Oil Corporation (IOC) and holds 23.9%, with access to 13.87 million tonnes of oil equivalent.
Despite new Rosneft sanctions, Indian investments remain below the threshold, focusing on dividends rather than crude oil.
This poses risks for global operations amid ongoing geopolitical tensions.