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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / India Buys 3 Million Barrels Of Russian Oil At A Discount (40261 Views)
Russia Discovers 511 Billion Barrels Of Oil & Gas In British Antarctica (Photos) / Dollar Dumped? India Bought 1m Barrels Of Oil From UAE Using Rupees Instead Of $ / Aftermath Of Russian Air Strikes In Ukraine’s Kharkiv (Graphic Photos) (2) (3) (4)
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Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by ledaman: 7:18pm On Mar 19, 2022 |
Putin the most powerful man on Earth now. 3 Likes |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by gambojimeta: 7:19pm On Mar 19, 2022 |
ledaman:Yeah right. That's why he can't defeat small Ukraine in 3 weeks plus 1 Like 1 Share |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by gambojimeta: 7:21pm On Mar 19, 2022 |
Appleyard: LMAO This guy is slow. Even Abacha had 2 million man March with onyeka onwenu, Shina Peters, Felix liberty e.t.c performing. 1 Like
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Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by 5thcolm(m): 7:22pm On Mar 19, 2022 |
NkanuSon:Another western reject. No one put a gun to your head to speak English. Even Mexico that shares border with US isn't making English official language. It's not U.S fault for not teaching your children ur native language. It so easy to blame someone else for your misfortune. Just remember when you point a finger to someone, the other four is pointing back at you. Only a fool would say the west is the cause of Naija problems. Is it the US that follow to shout Sai baba? Or is it the U.S that is hailing Tinubu to be the next naija president 2 Likes 1 Share |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by baralatie(m): 7:24pm On Mar 19, 2022 |
tctrills:What is profit A businessman says he wants to sell his produce at makes.his profit once Another businessman wants to make his profit by selling in volumes! By the time the businessman knows he is the dominant area dealer! You get the strategy now! Free of charge na im I give you soo Harvard will be claiming money |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by generalwo(m): 7:25pm On Mar 19, 2022 |
JooEeL:... Pain say na my papa get the oil or na your grand father get Russia.... Oga goan sleep |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by generalwo(m): 7:27pm On Mar 19, 2022 |
Naughtysex:..... So why was the discount not given before the sanctions 1 Like 1 Share |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by generalwo(m): 7:28pm On Mar 19, 2022 |
Oddfinder:.... Hard to Crack yes... But not impossible |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by olas24u(f): 7:28pm On Mar 19, 2022 |
grandstar:The government simply means the people or large percentage of the people because they have home grown democracies.How ever ,Russia has a smart population ,and they will develop home grown solutions.But other emerging powers already see these sanctions and will protect themselves in the future.And lastly ,most european airlines make more profit from long distance journey,s to Asia and the route path is russia ,so some airline will close shop ,also because the alternative route is far and will be more expensive for the travelling public.so nobody is immune.If he decides to close the pipe of Gas next winter,there are no alternatives to russian gas . 2 Likes 1 Share |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by gambojimeta: 7:29pm On Mar 19, 2022 |
NkanuSon:You think the West is bad, wait till you meet the Chinese.
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Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by gambojimeta: 7:32pm On Mar 19, 2022 |
NkanuSon:You mean white people (West) are the one making you to wear suit in hot sun under 40 degrees weather? Maybe western countries are also the reason why Nigerians behead each other for money rituals. Blackman always looking for who to blame for his failures and super corrupt leaders that have bankrupt their nations. 1 Like 1 Share |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by olas24u(f): 7:36pm On Mar 19, 2022 |
gambojimeta: Because he does not want to level the place. |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by tctrills: 7:37pm On Mar 19, 2022 |
baralatie:Don't you get it, Russia is not selling more oil now than before the war. How is that profit? They are not selling more and they are cutting the price to stay relevant. This is not the best of times for the Russians. I asked earlier, would you love to bet, the Russian economy would fall into recession this year? 1 Like 1 Share |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by Nobody: 7:39pm On Mar 19, 2022 |
Rubbiish: I was going to reply him and one other guy that said India is a sovereign nation and can decide for itself. But I thought it's not worth it.. I mean how could they get to decide what they want and Ukrainians don't get to. Humans are naturally biased... 1 Like 1 Share |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by gambojimeta: 7:40pm On Mar 19, 2022 |
olas24u:Yeah right. As if he hasn't leveled it already What's left in Ukraine aside rubles and bombed buildings. Well the war has now shifted to urban warfare and Russia is still struggling to take over small Ukraine. |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by musicwriter(m): 7:41pm On Mar 19, 2022 |
olas24u: Splitting of India and creating Pakistan and Bangladesh as sperate counties was actually part of the destruction of original India. They never asked for it but Britain had to do it for selfish reasons. Secondly, India actually undeveloped scientifically and technologically as a result of Western invasion. India was already shipping steel and textile around the world before Britain got there. In fact, British consumers preferred Indian textile before Britain arrived India. Britain was a struggling country then known for low quality fake products. But the capacity for local production in India had to be destroyed so that India could get their supply from Britain instead. So, Indians unfortunately, went from using high quality textile manufactured by themselves to importing low quality textile from Britain at exorbitant price. This was a common colonial strategy to destroy the natives, including here in Africa. For anybody who needs more information, everything I've said here is contained in the book: inglorious empire- what the British did to India. Author: Sashi Tharor. For the African part, read: How Europe underdeveloped Africa. Author: Walter Rodney. No country would have been as powerful as India if colonialism didn't happen. 5 Likes 1 Share |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by cooltola(m): 7:42pm On Mar 19, 2022 |
olugabbie:Russia is not the only country to have oil Saudi Arabia has oil and energy in abundance , America OPEC nations . Many countries are discovering oil but oil is a big pollutant , So many nations are switching to green due to global warming, the gas pipeline that is linking Russia to Germany is on suspension due to the war . Arm dealing is not a major commodities if there are no war in nation, Israel produces Arms, so does America, Britain, France, Germany, Brazil, - so there are many options to buy arms apart from Russia. Another misconception is that America want to see China fall, If China fall , American businesses suffer as well. China might not like America or America might hate China. But when it comes to business, making money is key thing and both nations know they need each other to survive. What China wants is to be number 1 economy in the world and let USA become number 2- More like a competition and America still want to be number 2. Beside Have you used a Chinese made good recently- they normally do not last long compare to America products. The next Russia election will decide a lot if Putin is beloved as many people thinks. No one is against the Russia nation, it is Putin and his cohorts that the West is after. 1 Like 1 Share |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by gambojimeta: 7:43pm On Mar 19, 2022 |
musicwriter:Now do the same for other colonies that have achieved success. Even India has achieved relative success. We will be waiting |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by olas24u(f): 7:44pm On Mar 19, 2022 |
gambojimeta:Not at all ,only military infastructure ,the nazi guys are using civilian buildings and its the chenchens arenare good in that type of combat.if he deploys full military power with new machines they have not tested nothing will grow on that soil.it wants to negotiate ,and send many refugees to europe.But they are reluctant to travel or move out fast. |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by Mac2016(m): 7:46pm On Mar 19, 2022 |
India would do anything to cut cost! |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by gambojimeta: 7:46pm On Mar 19, 2022 |
Mac2016:It's called awoof |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by olas24u(f): 7:48pm On Mar 19, 2022 |
musicwriter: I appreciate you ,you even quoted books unlike some people using emotions to analyse issues. |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by baralatie(m): 7:50pm On Mar 19, 2022 |
tctrills:They just sold 3 million barrels They are still selling the 40% oil and gas quota to The EU And China gats to join in this oil and gas of Russia So how is Russia selling less This is sustainable marketing strategy |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by Nellsworld(m): 7:52pm On Mar 19, 2022 |
cooltola:Even the younger ones are the same, just go through the streets of Russia, Putin still has the majority, did u watch the rally that putin hosted, u will know that the guy still has over majority |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by chronique(m): 7:54pm On Mar 19, 2022 |
5thcolm: Russia has the 11th biggest economy in the world and they are more of an exporting nation than importing. They might struggle a bit in the short term but would definitely bounce back. We need to brace up for another recession any time soon. Demand for the dollar is going to drop in the nearest future and the value of the dollar would shed some basis points which would obviously affect countries with a vast majority of their reserves in the US dollar. It's really going to be messy pretty soon. |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by baralatie(m): 7:59pm On Mar 19, 2022 |
Demand for the dollar is going to skyrocket 1 Like |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by GOPLOP: 8:02pm On Mar 19, 2022 |
Most countries are still in business with Russia
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Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by gambojimeta: 8:04pm On Mar 19, 2022 |
olas24u:The Chenchen muslim soldiers that are afraid of pig fat on bullets..I hear you.
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Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by olas24u(f): 8:06pm On Mar 19, 2022 |
[quote author=CoronaVirusPro post=111182136] And that’s translates to a strong economy. Seems you not aware where Russias economy and credit rating stands as of date? Also, check what Rubble looks like now Why is Putin scared to open Stock market? Russia won’t recover from the blows in 2 decades. They still yet to get out of previous sanctions and new ones hits resources mean wealth ,but i know its not to us nigerians.They have new partners in euro asia.Europe with Russia will be powerful ,europe without russia will be less competitive,they know and will make amends.integration of europe with russia will compete with America.America is the winner ,it wanted to sanction russia ,seperate russia from europe and also make moneynon weapons.it achieved it. |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by olugabbie(m): 8:07pm On Mar 19, 2022 |
cooltola: The gas pipeline from Russia to German is still functioning. There is no replacement for Russia gas in german. The Nord stream II pipeline is on hold. But the Nord stream I is still pumping gas to Europe (It runs from Russia to Ukraine Then to German). The idea that the world will switch to green energy in the next 20-30 years is laughable. It is not going to happen in the next 50 year. The ships that move goods from one country to another will continue to use crude oil products. The green energy equipment like solar, wind mill, batteries are produced using equipments that use crude oil product. Military equipments (the tanks, fighter jets, bombers, submarine, warships e.t.c) are in millions all over the world and they will continue to use crude oil product for the 80-100 years. Infact the US six generation fighter that is being built will still use crude oil product. Likewise the commercial aircrafts. So countries are still generation power from coal. Country like German is switching from generating power from coal plant to gas plant. This is the reason for the Nord Stream II. They need more gas. German can not do without Russia energy. It economy will cripple if Russia turn off the gas. German and some European states have not successful switch from coal to gas, no to talk of switching from gas other form of clean energy. It will take a very long time for the World to switch to green energy. For military equipments countries like China and India have hundreds of Russia fighter jets. The engines, spare part e.t.c for these jet can not be gotten from another country except Russia and it is the same for other countries that buy arms from Russia. Russia will continue to sell engines, missiles, spare parts e.t.c to these countries. Also some of the military equipments are not going to replaced any time soon. Several upgrades will be carried out by Russia. The JF-!7 jet Nigeria bought from Pakistan runs on Russian jet engines. The fighter was built by both China and Pakistan. So indirectly Nigeria part of the importer of Russian arms. 2 Likes 1 Share |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by olas24u(f): 8:09pm On Mar 19, 2022 |
gambojimeta:They are muslims but are good in gorilla warefare and combat.War is war does a propaganda.soliders take drugs and not in the right state of mind during war.so how can you believe that?even boko haram guys are on something . |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by Appleyard(m): 8:11pm On Mar 19, 2022 |
grandstar: You just wrote a whole epistle without making much sense. I ask you again is it every country in the world that ban flights from going to Russia. It's a simple question, answer it. I said most other countries in the world, and you came up with just Japan and Taiwan. How many countries are there in Asia alone? How many are there in Africa? South/North Latin America? Many countries still do business with Russia and none give a dime about anything. Heck, even the sheepish EU still buys Russian gas and oil as we speak. Who is fooling who? The world is changing and a new dawn of multipolarism is breaking gradually. China and India alone dwarf the EU, the US, put together in terms of population which drives market share. This is why India and China still doing business with Russia matters so much. Add that to other Asian countries, Africa and Latin America and you will understand. Whatever effect the sanctions is having is but for the short-term, and to be frank, it's not even sustainable for glaring reasons. Horrendous you say? The Rubble have plunged to it's lowest in a decade against the Dollar, but if that is what you called horrendous, then I'm afraid you need to do some fact check. Iran, North Korea, Venezuela have been in worst sanction but they still thrive and even emerge stronger in some cases. Russia has a far more dynamic economy than the aforementioned countries, and have emerged from similar worst situations in time past. Watch and see who blinks first. Sanctions are a two edged sword that hurt both sides in a brawl. Prices of commodities are already up across Europe. The UK is already advising workers not to drive their vehicles all the time to save on the cost of rising gas/oil prices. German Chancellor who ignorantly boasted that Germany would simply replace Russia with UAE should Russia turn off the pipes have gotten his delusion shattered. The UAE have said they lack the capacity and the capability to replace RUSSIA in the European market. The US Federal Reserve has already raised interest rates to cushion the rising inflation made worse by the Russian brouhaha. Biden is still looking for replacement for the ban Russian oil import even as prices continue to soar. UAE and Saudi Arabia are refusing his calls. Some European countries are already changing from ouright aggressive tone to a 'let's be careful' rhetorics. Because the reality is hitting gradually. It is only a myopic ediot who thinks that a country like Russia can be crippled with economic sanctions. The recent geopolitical play by Saudi Arabia, UAE, Qatar, India, and Pakistan has sent signals to those who think they hold all the aces when it comes to bullying nations. A new era is unfolding before our very eyes. 5 Likes 3 Shares |
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