Russia offered Pakistan 30% discount on oil and wheat. PM IK.

[S.Y.A]

It is yet to be seen how China will view this "KALA coat " actions in long term interest of CPEC

china doesnt meddle in internal affairs of countries, the change in govt may not have any effect in relations with china.

 

[AZADPAKISTAN2009]

China sets up their policy for 25 years in their minds, Plan B is they will go thru Iran
They already have precautionary deals with Iran

Pakistan Military plans project by project like JF17 Thunder vision for 5-10 year
China does planning for 25-30 Years, and charts out every imaginable scenario ahead of time

Pakistan-China relations are utmost important

Hold Elections on time and ensue Nation is back prior to April 2nd level

KALA coat , as in past have damaged Pakistan with $6.5 Billion dollar fine and another $800 million fine with Turkish company , how their actions have put us in a negative position with China. There is no doubt

While Chinese have not stated this openly however we need to hold elections ASAP in order to be back fully operational before as we were before April 2, 2022


Rule of Business is simple

• You invest in country which has stable foreign policy so your investment is safe
• They are not corrupt
• You have security
• 1 Phone , or 1 Letter , Government topple is a red flag for many investors

As for The Russian Oil an Wheat

• It is a decision based on economic factors and every one looks for good prices in market A 30% discount is reasonable discount
• Any country which offer 30% discount people will buy from it

World is Open market who offers best price , people buy from that seller

 

[zn426]

At today's prices PK would have essentially been saving $30 a barrel. That is a huge deal for a country like Pakistan, and frankly while I'm not a huge fan of Russia, this is in line with what IK has been trying to do-plot an independent course for Pakistan.

The fools getting rid of Khan after all the good work he did are going to get smashed. IK should continue to push for early elections.

 

[CAPRICORN-88]

Let the Westerners pay for up market prices for Oil and Gas.

After all Ukraine is a baby they have adopted and has nothing to do with us.

 

[ARMalik]

Pakistan now has become a sidekick of US. They will condemn Russia and follow every instruction US ask for.

Disagree with this. PEOPLE OF PAKISTAN NEVER WANTED THIS. So the the sidekicks of the USA are actually General Bajwa, his crony Generals, Pakistan Military including PAF/Navy, ISI Chief, Pakistan Judges, Pakistan's western imposed politicians.

And that is why in another thread I asked WOULD CHINA BE SUPPORTING THESE CORRUPT THUGS against the people of Pakistan?? If China wants to support Pakistani people, China will impose sanctions on these corrupt goons. Let them suffer.

 

[nahtanbob]

The deal looks very similar to what India got. ( They proved themselves as a strong and sovereign country not infested with Traitors and sellouts).

Coupled with oil refinery investment and gas pipeline deal.

This would have solved nearly all our problems in this sector as well as helped us save a lot of forex.

30% is no joke in energy sector. It was a deal of a lifetime for a country like Pakistan. ( Much much more valuable than GSP + status).

Driving up the price from $70 to $120 and then offering you a 30% discount is still a bad deal

you are assuming Pakistan has the hard currency to pay for Russian oil. not sure if Russians want dollars

 

[ARMalik]

china doesnt meddle in internal affairs of countries, the change in govt may not have any effect in relations with china.

You are kidding yourself.

 

[Jango]

I've read Russian Oil requires a different type of refinery. Wouldn't have been beneficial in the short term. Wheat though I think we produce enough of it.

Only about 30% of the total petrol consumption of Pakistan is satisfied through in-house refined oil. The rest is imported.

I do believe these figures are outdated though. Byco and a couple of other refineries were in the process of upgrading their refineries to produce less FO, but I am not really in the loop about the progress of that.

The best guy on this forum to expand on this issue would @niaz , any comments sir?

 

[Big_bud]

Masumana sawal...

Isn't it duty of ISI and establishment to stop plots against such a PM? Or turmoil suits everyone?

Disagree with this. PEOPLE OF PAKISTAN NEVER WANTED THIS. So the the sidekicks of the USA are actually General Bajwa, his crony Generals, Pakistan Military including PAF/Navy, ISI Chief, Pakistan Judges, Pakistan's western imposed politicians.

And that is why in another thread I asked WOULD CHINA BE SUPPORTING THESE CORRUPT THUGS against the people of Pakistan?? If China wants to support Pakistani people, China will impose sanctions on these corrupt goons. Let them suffer.

There is a reason why China only invested 70 billion USD in Pakistan. They have invested 400 Billion in Iran. Offered 200 Billion + to India. The reason being our military is shit and country unstable. Our establishment is in western camp. F16s & other toys are more important than anything else. We are unreliable partners for Chinese investment.

 

[Waterboy]

Lol we can't refine russian ural. Setting up a new refinery would have warranted investment which i think no one is willing to do.

Secondly we're in the saudi camp. Our people over there send bacj remittances keeping the economy afloat. Changing suppliers isn't that easy.

Our best bet of energy security is through iran.

Massive propaganda going on online and people are taking everything on facevalue. Buying russian oil would've also affected our relationship with the US and EU. Exports would've tanked. Plus russia being pro India, Pakistani awaam is delusional to think we can benefit from russians.

Immi cult followers have lost it, unfortunately the entire online community here and on reddit is infested. Everyone sucking khans tits.

 

[Jango]

Lol we can't refine russian ural. Setting up a new refinery would have warranted investment which i think no one is willing to do.

Secondly we're in the saudi camp. Our people over there send bacj remittances keeping the economy afloat. Changing suppliers isn't that easy.

Our best bet of energy security is through iran.

Massive propaganda going on online and people are taking everything on facevalue. Buying russian oil would've also affected our relationship with the US and EU. Exports would've tanked. Plus russia being pro India, Pakistani awaam is delusional to think we can benefit from russians.

Immi cult followers have lost it, unfortunately the entire online community here and on reddit is infested. Everyone sucking khans tits.

Ah, I see you have read Umar Saif's tweet and just rehashed it without any due diligence.

The guy might be good computer scientist (and an exploitative one at that), but that doesn't mean he is correct on all counts.

Just have a read on the following link.

Refined Petroleum in Pakistan | The Observatory of Economic Complexity

Find the latest exports, imports and tariffs for Refined Petroleum trade in Pakistan.

oec.world

Also,

5 refineries with 417,400 BPD oil installed capacity operating in Pakistan

ISLAMABAD - Currently, five refineries are operating in the country with overall installed capacity of 417,400 barrel per day (BPD) oil and co

nation.com.pk

 

[Waterboy]

You being the biggest immi boot licker.
Go on polish his peshawri chappals.

Ah, I see you have read Umar Saif's tweet and just rehashed it without any due diligence.

The guy might be good computer scientist (and an exploitative one at that), but that doesn't mean he is correct on all counts.

Just have a read on the following link.

Refined Petroleum in Pakistan | The Observatory of Economic Complexity

Find the latest exports, imports and tariffs for Refined Petroleum trade in Pakistan.

oec.world

Also,

5 refineries with 417,400 BPD oil installed capacity operating in Pakistan

ISLAMABAD - Currently, five refineries are operating in the country with overall installed capacity of 417,400 barrel per day (BPD) oil and co

nation.com.pk

Oh pls you are pro PTI and an immi boot licker.

Obviously you're thinking with a limited tunnel vision in which you only see your messiah immi.

Okay fine if even if we go towards the russian bloc how will you justify loosing billions from USA, SA, UAE and EU? Damagh kharab hogya hai logon ka.

Russia is a sinking ship and bismallah we want sink with them. Height of delusion on this forum is mind biggling.

 

[Wood]

Russia is predicted to have 350 billion USD from export energy alone in this 2022. Yup since Russia forces some countries to use Rubel, there will be huge demand on Rubel along this year, while other countries can still use other currency like Yuan or others

Only a few countries are willing to pay in Ruble. Secondly, what will Russia buy internationally with more Ruble? Russia needs a currency that can be used to buy goods from other countries that it can trade with.

I don't see a long term strategy in this approach of requesting payment in Ruble. Russia is better off with requesting payment in Yuan.

 

[Indos]

Only a few countries are willing to pay in Ruble. Secondly, what will Russia do with more Ruble? Russia needs a currency that can be used to buy goods from other countries that it can trade with.

I don't see a long term strategy in this approach of requesting payment in Ruble. Russia is better off with requesting payment in Yuan.

Trade with China I believe

Nowadays countries have started using each other currency for trade between them

The reason Rubel is used for energy trade with Europe is the fall of Rubel after US and EU sanction

 

[Wood]

Trade with China I believe

Nowadays countries have started using each other currency for trade between them

The reason Rubel is used for energy trade with Europe is the fall of Rubel after US and EU sanction

What use does China have for Ruble? Russia has not identified China as one of the countries that should pay in Ruble. Russia can supply energy to China and get paid in Yuan. This Yuan can then be used by Russia to buy goods from Chinese companies. There is no use for Ruble.

Less developed countries have a fickle currency value. When companies trade, they often accept IOUs. Who will accept an IOU in a currency that can fluctuate wildly and is limited to few avenues of use?

A lot of people here take it for granted that USD can be replaced easily. This opinion is ill informed and conceived by watching YouTube videos about petro-dollar. The real power of USD is the TRUST that developed economies place upon its stability. Poor countries do not get to decide what currency others can place their trust upon.

The only real alternative that I can see is Yuan - but that is very long term proposition and will require political alignment between China and Europe. Nevertheless Yuan has a chance because there is a real need for Yuan given that China is the largest trade partner for many countries.