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<h1>Russian oil giant seeks buyer for 49% stake in Indian energy company amid sanctions pressure</h1> Russian oil giant is in early talks with domestic conglomerate to sell its 49.13% stake in an Indian energy company that operates a 20-million tonnes oil refinery and 6,750 petrol pumps. The Russian firm seeks to exit due to western sanctions limiting earnings repatriation from Indian operations. Multiple potential buyers including domestic groups and international oil companies have been approached, but the $20 billion valuation is considered too high by most investors. The acquisition would help the domestic buyer become India's largest oil refiner and gain significant fuel marketing presence.