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  1. farok84

    Breaking: Finance minister Miftah Ismael admits on CNN that PTI govt tried to buy cheap oil from Russia

    His data is wrong. Please check McKinsey Energy website, quoted as one of the source for his data, and you will find Arab Light to have more Sulfur content than Urals. https://www.mckinseyenergyinsights.com/resources/refinery-reference-desk/crude-grades/
  2. farok84

    Breaking: Finance minister Miftah Ismael admits on CNN that PTI govt tried to buy cheap oil from Russia

    But Urals Sulfur content is not 1.7, is it? Kindly read the post I had quoted. You will get a better idea of API values and Sulfur content.
  3. farok84

    Breaking: Finance minister Miftah Ismael admits on CNN that PTI govt tried to buy cheap oil from Russia

    Hi, Please read the following quoted post and post by @niaz sb, it is referring to. Should be able to clarify technical aspects.
  4. farok84

    Will Rana Sana Ullah Dare to Apprehend Imran Khan

    Hi, Not only Pakistan courts but PTI must highlight this in International media. PTI must immediately write letters to International Human Rights bodies and apprise them of the State planned terrorism.
  5. farok84

    Pakistan's Economy - News and Updates

    https://cabinet.gov.pk/SiteImage/Publication/year-book-2020-21.pdf https://cabinet.gov.pk/Publications PTI govt's ARU recovered Rs426bn in last 3 years, Cabinet Division documents reveal Tahir Sherani Published May 30, 2022 - Updated about 23 hours ago The Assets Recovery Unit (ARU), which...
  6. farok84

    PMLN agrees to buy gas from Russia

    Hi, It will be good for Pakistan. The article mentions long term contract, I don't think Russia will be too keen to match our Qatar's 2021 contract price (they will be happy to give even 30-40% discount on Dutch TTF but matching 10.2% of Brent will prove to be a difficult negotiation, if Pmln...
  7. farok84

    How realistic is the possibility of import of crude or wheat from russia?

    https://tribune.com.pk/story/1597181/2-bid-diversify-pakistan-plans-oil-imports-russia https://mid.ru/en/foreign_policy/news/1563935/
  8. farok84

    Despite being part of the Quad, India sustained pressure from the US and bought discounted Russian oil to provide relief to the masses: Imran Khan

    Hi, Can you please elaborate how will that be cheapest? What is the price of gas at delivery point and to end consumer through IP? How does it fare as compared to Qatar 2016 and 2021 Lng contracts? This is wrong assumption that gas through IP is cheapest, it is actually even costlier than lng...
  9. farok84

    CPEC updates at Gwadar

    Hi, This project should be reconsidered (from Super Critical to Subcritical). Instead of using imported coal as fuel, it should be redesigned to utilize local coal. http://cpec.gov.pk/project-details/5
  10. farok84

    How realistic is the possibility of import of crude or wheat from russia?

    Exactly, a pipeline not a terminal to transport RLNG. Pmln never signed an Lng purchase deal with Russians. Long term agreements do not happen overnight, they take time. If their were no negotiations, and Hammad Azhar is lying and has pulled that letter out of his rear, the incumbent...
  11. farok84

    How realistic is the possibility of import of crude or wheat from russia?

    Hi, Which LNG deal was signed with Russia in 2015 during Pmln tenure, can you kindly elaborate? The 1100km one, is the North - South pipeline, not an LNG terminal. There's a thread on North-South pipeline (PakStream) in the forum, please go through it. I and others have tried to keep it...
  12. farok84

    How realistic is the possibility of import of crude or wheat from russia?

    Hi, But why can't our refineries, refine Urals (other than Parco)? If they can refine Arab Light, Iranian Blends, why not Russian. What is so different with Urals that it can't be refined at our refineries? For reference, Arab Light's API varies from 31.8 to 33.4, Sulfur content from 1.77 to...
  13. farok84

    Pakistan strikes key deal with Russia to buy Gas and Wheat

    True, the loss is too great for the country. Not just Russian trade, but also Central Asian Republic cooperation. I hope Chinese stick with CPEC (railway/ infrastructure projects) but IMO they will choose Iran-Central Asia-China route for their Energy Corridor instead of Gwadar.
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