New Delhi, June 22 -- India has doubled its petroleum product exports to Europe in the past three years, backed by higher imports of cheaper oil from Russia, said the chief executive officer (CEO) of Rosneft Igor Sechin.

Addressing the 28th St Petersburg International Economic Forum, the CEO of Russia's state-owned energy company said that global energy security is impossiblewithout Russia, Venezuela and Iran. He noted that these countries, with which oil trade has been sanctioned by the US, account for one-third of the global liquid hydrocarbons reserves and 15% of the global production.

"Being the second largest buyer of Russian crude oil, India has practically doubled its export of petroleum products into Europe over the past three y...