DeathInvader
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Why are these idiots abusing each other?
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Your comments are an immense contribution to a thread which deals with economics.
Nobody is impressed by your online threats and theatrics. It is obvious from your language who the retard and potty mouth is. So why don't you go back to calling names to people in real life which you do. Shoo off from here you pest.
Our only way is to come up with synthetic fuel J/K.
India needs to get aggressive. Relations with US is fine but India's own interests come first. The US don't consult us when they sell F-16 to Pakistan, why should we consult them if we buy gas from Iran? India needs to explore in the country as well as overseas. India rarely wins any bids for overseas exploration. These sarkari babus need to be kicked out and professional entrepreneurs need to be hired.
On a side note the Modi Govt. initiatives for solar power and alternate-energy schemes are a welcome move.
How is it important for our economy? What is the market size of Pakistan and how much of that market is/will be dominated by India?
We are exporting a product which we do not have and are in dire need ourselves. I can understand if India is exporting coal. Even if there is a coal scarcity at least India has its own coal reserves. How many oil and gas reserves do we have?
This whole concept of importing gas and selling it to Pakistan is ridiculous. Is India going to give subsidy, and what is stopping Pakistan from importing gas from Iran or other gulf country?
I think what you seems to missing here is that you get crude oil...distillate it to convert it to various forms(Natural gas being one product) and then sell it to consumers(read us)...Over the years India has build decent distillation capacity in this regard...
India is not Qatar or Saudi Arabia, countries which sit upon oceans of crude oil. The financial benefits, if any, of importing crude oil and selling gas to neighboring countries is stupid to say the least.
Looks like you got hounded outta the thread you sad clown.
Hold your horses...keep in mind there is only one superpower here...Also a country which imports 70% of defense equipments....almost 60-70% of population still under poverty needs lots and lots of investments...you do wanna hold your ground however at the same time you don't wanna piss off the Americans...it hurts me to write this however it is unfortunately a fact...
I think what you seems to missing here is that you get crude oil...distillate it to convert it to various forms(Natural gas being one product) and then sell it to consumers(read us)...Over the years India has build decent distillation capacity in this regard...so if we add more consumers here(read Pakistan) then it won't hurt us...the only thing we will get is business....from Pakistan perspective they will get gas cheaper then from some other source....in short win win for both...however then the way we two are tangled on issues this might be a distant dream...
Go and F yourself b*tch. I don't have time in my hands to waste on morons like you. Street dogs have more dignity than shameless trolls like you whose contribution is worth less than sh*t. Go and run after your master, I have no time for trolls like you.
Hell no..however does that mean we should go and openly challenge them?? It would be stupid, no??So we should be scared of America?
Point is not why we import 70% and how to overcome it...point is we do import 70% of our defence requirements..this is shame..and u seems to agree with it...India imports 70 percent of its defence imports because of incompetent companies like DRDO. These sarkari companies/labs/organisations have no accountability or shortage of funds and thus take their sweet time to come up with results. Get private players into defence and watch India's defence industry grow.
You can't be more wrong...Also when we take any economic decisions we need to keep our overall interests in mind...we don't have Iranian oil which will keep us afloat somehow even with stringent sanctions..in short you just can't piss of the croc while in water...in other words be prepared to loose some in return of making more...that's how geo-politics work...now that doens't mean bend over to America...what i am saying is we need to pragmatic in our choice...A nuclear Iran is the last thing even we would want...Iran is pissing off Americans. America is not the future, China is. So what should India do next, bow down before China? If making economic decisions we have to be scared of America then this 705 poverty line will never recede.
Now if they are not going to buy then fine there is no question of providing them anything..it seems you are suggesting that if India is importing X amount and let's assume consuming all of it then we would give Pakistan gas from our own quota with our wells going dry...no...we will import more and will make some dollars...Tell me one thing. Why the hell will pakistan agree to buy gas from India when they can buy the same from Iran or any other arab country? Forget this whole stupidity of India importing crude and selling it to other countries when there is already a severe energy deficit in the country. Tell me what is stopping Pakistan from buying directly from Iran, Kuwait, Saudi Arabia etc?
I am no expert in oil and gas market...I believe You get into long term contracts...and that's where cut comes from...What is the position of India as a global oil/gas exporter? Oil and gas prices are regulated by the cartel in which India is not a member. If oil and gas prices are regulated by market forces then under what circumstances is India, a net importer, able to sell gas to another country at prices lower than that in the market? Is India now going to give subsidy?
Hell no..however does that mean we should go and openly challenge them?? It would be stupid, no??
Point is not why we import 70% and how to overcome it...point is we do import 70% of our defence requirements..this is shame..and u seems to agree with it...
You can't be more wrong...Also when we take any economic decisions we need to keep our overall interests in mind...we don't have Iranian oil which will keep us afloat somehow even with stringent sanctions..in short you just can't piss of the croc while in water...in other words be prepared to loose some in return of making more...that's how geo-politics work...now that doens't mean bend over to America...what i am saying is we need to pragmatic in our choice...A nuclear Iran is the last thing even we would want...
Now if they are not going to buy then fine there is no question of providing them anything..it seems you are suggesting that if India is importing X amount and let's assume consuming all of it then we would give Pakistan gas from our own quota with our wells going dry...no...we will import more and will make some dollars...
I am no expert in oil and gas market...I believe You get into long term contracts...and that's where cut comes from...
It is... otherwise try you luck in breaking the sanctions(hopefully they will relax now) put on Iran via UN and unilaterally by USA...India will challenge US? With what? India cannot challenge USA in another 40 years at least. But taking independent economic decisions is not challenging USA.
Yup....Unfortunately it is true. India cannot even build a decent rifle and it is shameful.
Dude above you were saying we can't challenge USA..now you are talking about showing our strength by so called ICBM's and nukes...please first decide what is your stand on challenging USA...so that i can share my thought accordingly...India needs Hydrocarbon, and TONNES of it. The saudis are funing wahhabism in India but we have absolutely no issue buying oil from them or giving subsidies for Haj pilgrims. But Iran has problems with US and we make sure we don't buy anything from Iran. Why are we so timid and scared? Will US come and bomb us if we buy oil from Iran? If India is so weak-willed and scared it is better to surrender the nuclear weapons and ICBMs.
Why you take everything as zero sum game...it was same India who went nuclear against the wishes of Americans...no?? Now that doesn't mean we should simply ask for sanctions at every drop of a hat...i will repeat..even we don't want a nuclear Iran...why is this thought missing you completely?? Also...we don't have oil like Iran...bring that out of equation and then tell me where will Iran stand??has no issues with Iran, and in case you are unaware the Americans are themselves working on negotiations to GIVE nuclear status to Iran, not DENY. That is why Netanyahu is travelling to and from USA like a mad pilgrim. A country of 70 million Iranians are not scared of 330 million Americans but 1.2 billion Indians are scared silly of USA who Indian media proudly addresses as a "natural ally", glad to know we are scared sh1t of our own ally.
Ignoring...as you are now repeating...as said it is in out national interests to respect the sanctions...simple!!..nothing to do with getting scared..showing white flags and what not...China is tomorrow's super-power. China already is betaaz baadshah of ASEAN, ADB and now the have made their own bank to rival IMF called AIIB. The Chinese influence at least on Asia will be no less than that of a unchallenged super-power. So what should India do, show China the white flag and meekly accept whatever China demands from us? Today India is scared of USA, tomorrow of China, then after another country and it will continue unless India learns to stand up and stare back.
i have cut most of the portion as the theme is this one line...I agree...now please keep in mind like oil there is no specific market for gas and thus its pricing is somewhat different...anyhow if you want to assume a perfect market then even then whatever prices we will pay the same will go to Pakistan with some additional profit margin..now what you are probably missing is few things is how ge-politics work...In a perfect world there is no sense for India to go anywhere but simply buy oil/gas from Iran...however diversification is the key...now when it comes to buying from India..then it has to be short term from Pakistan perspective..however an option on the table...What i am not getting is what is that we are going to loose if let's say they want it?? Please share that...also there is no change in demand here....Pakistan needs X and they will buy directly from the market or from us(we will from market on their behalf)...net net there is no increase/decrease in demand here...no??India is a hydrocarbon IMPORTER and NOT an exporter. India should remain that way.