Topic: LMAO: India resells Russian oil to the European Union. - page 2. (Read 809 times)

India should be the least of our concerns, to be honest. The United States and EU have created this situation by imposing stupid sanctions and bans creating huge revenue for Russia, while inflation is soaring in US and EU, with gas prices, electricity and groceries skyrocketing. The energy crisis had started since September, but the whole ordeal with the war and the imposed sanctions made it 50 times worse than it already was.

Well, now you know. A gas pipeline passes through Ukraine and Russian Gazprom pays Ukrainian Naftogaz for the transit of Russian gas from Russia to Europe at a rate of 41.7 million cubic meters of natural gas per day through the Sudzha gas metering station.

Mr. Zelensky should understand that its not a wise thing to poke a power like Russia when USA is only good in supporting through weapons. USA did the same with Russia in 80s in Afghanistan but this time Russians came up with some plan and they have counter move for every move made by USA.

Excellent scheme! Each country gets what it wants to get. India gets oil and makes money, Russia makes money, the European Union gets oil, and only the offended Mr. Zelensky walks around the world with his arm outstretched. Bravo! That is why it was necessary to resolve the issue at the negotiating table!

I did not know this, that sounds like a very weird situation. I mean what you are saying is that Russia gets rich from gas sales, and Ukraine is helping them get those sales and earn some profit from their profit as well, and at the same time Russia is sending missiles to them and bombing their nations?

How does that work? Like if you give me enough money I will ignore the bombs you are sending my way? Or like if my profits are up then I do not care if my workers died from a Russian soldiers gun? I do not know the logic behind this, I do not have any data to go on with, all I know is what you said, I do not know if what you said is true or not neither, but I really hope it is not true.

India make smart moves. That is good thing about them.
The are giving oil on less prices to their people also selling them to EU, EU and USA want the whole world to do what they like. But its not possible every time.
Carry on - and give benefit to local people - that is the real purpose of the local government.

Whats wrong if India is buying oil and gas from Russia? India is an old ally of Russia and why he should cut off his ties with a reliable ally on the demand of USA and Europe. Now India is buying more coal from Russia, India's Russian coal purchases spike despite sanctions. India buy discounted oil from Russia and thats helping its economy and people. USA and Europe must fight there war themselves not involve others into it.

^^^ Where did I lied?

I said that Russia is profiting out right now, because the oil-gas prices went up. And why did the oil and gas prices went up? When Trump was in power, crude oil was trading at $40 per barrel, and natural gas was trading at $60 per thousand cubic meters. Russian government was receiving around $10 billion per year at this point from the oil and gas sales.

When Biden became president, he implemented a series of policy changes and the oil prices went up to $120 per barrel and gas prices went up to $1,200 per thousand cubic meters. Russia is expected to make $200 to $300 billion this year from their exports, thanks to higher prices.

The reason why the Russian revenue went up is due to the fact that Biden regime helped to increase the gas and oil prices. India is an insignificant player in the global market to have any significant impact. Out of the 10.5 million barrels of crude oil that Russia produce every day, even now (at the peak), less than 10% goes to India. Out of the 540 billion cubic meters of gas they produce every year, less than 1% end up in India.

I have provided all the facts. You are just blaming India, because we are just an easy punching bag for you. Biden and EU are responsible for increased revenue inflow in to Russia, not India.  

And one more thing. Indian government has made this clear. We are ready to stop imports from Russia, in case alternate supplies are made available at the same cost.

Now you are deliberately either distorting, or even worse, deliberately lying . I really blame Germany both for their internal crisis and the crisis that they created in the EU through assistance in the monopolization of the European market by the Russian supplier, and for the fact that they actively continue to actually support Russia. And here the purchase of gas and oil is no longer in the first place. I also have claims to other participants in the process who continue to violate the sanctions regime and supply to Russia, for example, dual-use products, or frankly military products. But at the same time, I perfectly understand that, for example, it is stupid now to demand the abandonment of Russian gas, in a situation where its real consumption is such that it will not be possible to replace it in half a year. And the fact that the EU refused to buy oil from Russia is a great move, although it still takes time before its real implementation.

As for India, I'm just asking, what is the right thing to do, to solve our problem, which we have been living with for decades. Decide, realizing that this money will be used to kill civilians in Ukraine, and the destruction of its economy and infrastructure? This is not an accusation of direct support for the genocide of the Ukrainian people, it's just a matter of understanding other people's moral standards.
PS But Germany, even with everything that I wrote above, is now ready to step by step refuse to purchase hydrocarbons, is ready to build terminals for receiving liquefied gas, and demonopolize the market. Of course, the government does not do this of its own free will, but it understands that mistakes must be corrected.

This is a good opportunity to India since they remain neutral though of course they are not supporting the war it’s just that, they also need that Oil and they have to be more wise. EU countries have to deal with this, it’s ok to pay a littler higher than to receive nothing at all, Oil price continues to increase so we can expect this to become more expensive because of this Third party fees. EU should have a good Oil reserve now to maintain a cheaper price as much as possible because it looks like the war will still not end this year.

So, India acts as a third party (oil broker from Russia)

from the start, I was also very skeptical that the boycott of oil and gas from Russia that Europe was doing would be successful in stopping the war, oil and gas are a basic human need, while there is no renewable energy that can replace oil and gas 100%. with the above scenario then India will continue to profit lol.

I always feel blaming counties for which side they are taking in a war is really stupid. In a war situation both the countries generally are equal culprits and it's not the US has never attacked any country on the name of their self defense. So why should the world boycott Russia when they are doing the same? Blaming India just to think about their own profit is really stupid. I would be pretty happy with the India government if they are actually doing this buying oil from Russia and reexporting it back.

India is playing smart game. They are having term with USA and on the other hand they are having fine terms with the Russia as well. Getting the oil and gas from them and benefiting their people. However US didnot let Pakistan purchase oil from Russia. Very strange.

Same thing we saw in the USA at the beginning of the conflict. When the USA was asking EU countries to put sanctions on Russia and stop all the exports from them they themself increase oil export from Russia because Russia was selling it at a discount rate. Germany providing Ukraine with weapons at the same time doesn't want to put sanctions on importing Russian oil. Weast means hypocritical and propaganda machine.

Let me remind you that Ukraine from the beginning of the operation and still carries out the transit of Russian gas through its territory to Europe and receives money from Gazprom for this. Don't you think it's too hypocritical to blame others for what you do yourself?

Exactly. All the focus has been on India, who are being accused of re-exporting Russian oil. But hardly anyone asks why the Europeans are ready to import refined products sourced from this oil. And there doesn't exist sufficient proof to claim that India is re-exporting large quantities of Russian product. India imports around 5 million barrels of crude oil per day and Russia provides 20% of that volume. The remainder comes from other countries such as Iraq and Saudi Arabia. The diesel and naphtha that India exports to the EU maybe sourced from the Iraqi or Saudi oil.

India has minimal oil reserves of it's own, it's either dependent upon the gulf to buy oil or on Russia to buy oil for its own consumption only, if it is selling the oil it has for it's own consumption to EU then obviously this is either Gulf's oil or Russia's oil. So there is a very good chance that The oil we are sending to EU is from Russia Only. This shows how sanctions are just scam and you actually are in dire need of Few resources.

Each country's goal is to gain profit and they could also take advantage of the situation if necessary. No country is a hero because they all have to defend their economies to resist all the global crisis that is happening. We can't blame India for what they're doing because that's how they save and grow their economy. We all have an economic strategy and our governments will do everything to save it.

I do not mind for a different opinion but criticizing other countries will not solve anyone's problem here. I do understand one thing very clearly and that is everybody wants to defend his own interest. USA and UK want to use Ukraine as a goat to weaken Russia, Russia wants to occupy Ukraine to defend his fuel business with the EU, EU doesn't want this war because they want Russian cheap fuel, India wants to buy oil from Russia and resell it to make profits, Ukraine wants to use the USA to free their land. Everybody has a different goal here so there will be a clash in action and it's normal.

YES, I am a citizen of Ukraine and almost all my relatives live here. I understand that you have not fully understood the causality of the EU problem with gas. The reason is that they themselves, mainly, or primarily, by the hands of the German leadership (since the time of Gerhard Schroeder), built a corruption-gas scheme, which resulted in the fact that Germany (the entire population, industry) became dependent on dew, its antics, and willingness or unwillingness to apply gas. And for every crime or idiotic act - you always have to PAY. Sooner or later. And sometimes even a lot of innocent people can suffer, as it is now in Germany and other countries that have become hostages of Russian terrorism against Ukraine. Yes, the world is so globalized that one idiot can create problems for half the world! Just deal with it Smiley

 PS I don't blame India for anything. I can only express my personal opinion about the moral side of this or that act, to which I have every right. Like India, make decisions and explain your attitude to the problem. I just said that such a position could someday play a cruel joke on India. A passive or neutral position is, for example, when a bully beats a girl, and you are a healthy man, walk by and say - that's their business, I'm not alone, and give the bully a stone in his hand, because it turns out that the bully is your business partner. It's just that India is setting a very bad precedent. And when trouble happens to India, everyone will say - yes, this is a completely different problem, and why we will strain and suffer because of India or its problems. Although I sincerely wish that everything is fine in India and that there are no misfortunes, since I have a different attitude to other people's problems and tragedies ...