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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / India Buys 3 Million Barrels Of Russian Oil At A Discount (39605 Views)
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Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by edosignature(m): 4:15pm On Mar 19, 2022 |
Russians are brave people, it is only a fool that will isolate a great people so gifted intellectually, technological, naturally & physically. It will interest you to also know that most Western nations buy Russia oil, energy, arms & technology through the black market. 11 Likes |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by Rubbiish(m): 4:16pm On Mar 19, 2022 |
fredoooooo:Are u not contradicting yourself here?? If u think India can decide for themselves who they wish to deal with as a sovereign nation, why do u think Ukrainians can't do same without being bullied by Russia? 1 Like |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by ALLNIGERIANSMAD(m): 4:16pm On Mar 19, 2022 |
NOETHNICITY:all of you na mumu, both India and China can't withstand US and European Sanctions. Not even China herself. Chinna cannever survive without bilateral relationship not even in Africa or Europe. India have the highest population of poor people in the world. Imagine all the exports from China to Europe and Africa are stopped, China don finish be that. 1 Like |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by Bigchristo: 4:18pm On Mar 19, 2022 |
sotall:If you’re so concerned about the profit they’re going to make then keep crying it was bought on discount 3 million barrel they will still make huge amount of money Dey there make you let pant Dey wear you ![]() ![]() ![]() 3 Likes 1 Share |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by Oddfinder: 4:18pm On Mar 19, 2022 |
generalwo:Consider this: Russia’s total natural resources are valued at USD 75 trillion. Russia has the largest reserves and is the largest exporter of natural gas. It has the second largest coal reserves, the eighth largest oil reserves and is the largest exporter of oil and wheat in the world. Russia is a leading producer of copper, fluorspar, iron ore, lime, gold, magnesium compound and metals, mica, cobalt, aluminum, asbestos, arsenic, cadmium, coal, cement, boron, bauxite, vanadium, titanium sponge, tin, tungsten, potash, sulfur, silicon, rhenium, steel, pig iron, nickel, palladium, phosphate, petroleum, nitrogen, peat and oil shale. Russia has 40% of world’s gold reserves. 20% of the global production of industrial grade diamonds and 25% of global gemstone production come from Russia. 11% of the global aluminum market is controlled by just one Russian company, Rusal. Russia has more than a fifth of the world's forests. About one-fifth of the timber in the entire world is present in the forests of Siberia. If you laid the oil and gas pipelines of Russia around the equator, it would encircle earth 6 times. Only one lake of Russia, Lake Baikal has 20 percent of entire fresh water in the world. Russia has 4 of the 10 largest rivers in the world. Russia’s top 20 billionaires have a combined wealth of about USD 250 billion, which is more than the GDP of 150 individual countries in the world. Russian inventions include transformer, helicopter, video-tape recorder, synthetic rubber, grain harvester, electrical telegraph, arc welding, radiator, powdered milk and thousands of other things without which life would be very different today. Russia is not a shit hole ur masters made u believe 38 Likes 9 Shares |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by sotall(m): 4:19pm On Mar 19, 2022 |
olas24u: They bought it because it was cheap. All the gibberish you wrote up there is your sole opinion |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by Nobody: 4:19pm On Mar 19, 2022 |
generalwo:Must he see it from that angle? Mr ‘unknown western’ puppet 8 Likes 1 Share |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by olas24u(f): 4:20pm On Mar 19, 2022 |
sotall:Not because its cheap ,its for strategic purpose ,india is richer than russia 2 Likes |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by Focusmind: 4:20pm On Mar 19, 2022 |
Other EU countries like Germany continues to buy oil and gas from Russia and yet no sanctions from US. But when a developing country from Africa, Asia or Centra America tries to buy from Russia, US would threaten them with sanctions. 13 Likes |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by Kingpin1000: 4:21pm On Mar 19, 2022 |
India and China accounts for more than half the world's population. Pakistan is also an ally of Russia. If you have this people behind you, omo Bleep the world. You think l, these countries ain't tired of the bullying from the west. Watch as they starts sharing technology and military wares. I could remember when China and india fought with sticks and stones, it was Putin who settled the matter. 13 Likes 1 Share |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by hayzed19(m): 4:21pm On Mar 19, 2022 |
Sanction them for what? Did they sanction Germany, which continues to use Russian gas and oil? shevchenko: 4 Likes |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by Oddfinder: 4:21pm On Mar 19, 2022 |
sotall:Naa..India was buying but decided to buy more because of the discount. Ehm, how much is gas in the US now please and how much was it before the war? Kindly research the answer and gain more knowledge 8 Likes 1 Share |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by olas24u(f): 4:21pm On Mar 19, 2022 |
sotall: When you buy s400 ,you automacically get sanctioned, india already bought it and as nothing to loose. |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by moneyissweet(m): 4:23pm On Mar 19, 2022 |
And we are in Nigeria discussing about Mr Buni and APC convention. Ndi aruru ala
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Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by Kingpin1000: 4:23pm On Mar 19, 2022 |
Oddfinder:Remember, what belonged to Ukraine now belongs to Russia. 4 Likes |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by NOETHNICITY(m): 4:24pm On Mar 19, 2022 |
ALLNIGERIANSMAD:Another dull head Nigerian CNN addict spotted Dumbo 9 Likes 1 Share |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by lalastimlala: 4:26pm On Mar 19, 2022 |
All these mumu Nigerians campaigning against America go soon collect. Every Nigerian that hold Canada, USA and British Visa's should be immediately revoked and returned back to Nigeria. Let them go to Russia, China and India. Mumu people. 2 Likes |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by Yankee101: 4:28pm On Mar 19, 2022 |
You can't sanction India if you won't sanction Europe 1 Like |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by PhantomProbe(m): 4:28pm On Mar 19, 2022 |
Quelme:Imagine invading a sovereign country for associating with a group, simply because you don't like or feel threatened by the group. 1 Like 1 Share |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by lalastimlala: 4:28pm On Mar 19, 2022 |
NOETHNICITY:Baba, why not move your family to China. Sebi America na your enemy. 2 Likes |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by Princewill1(m): 4:31pm On Mar 19, 2022 |
The funny thing here is America that don't want a huge country like India to buy Russia's oil can't provide alternative for them. America that is struggling with her own supply after banning Russian oil want India and other countries to suffer the same fate. Thumbs up to India for ignoring them. 11 Likes |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by grandstar(m): 4:31pm On Mar 19, 2022 |
posty56: Whether India buys or does not buy Russian oil, the Russian economy is already in trouble. Half of those sanctions are enough to cripple any country. Do you know what it means when commercial airlines can not fly to your country? Biden has said the sanctions will not be permanent but will depend on Russia putting an end to its invasion of Ukraine. That, however, won't stop Putin. 2 Likes 1 Share |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by ViktorCash: 4:31pm On Mar 19, 2022 |
Big problem for Nigeria right now. We were the biggest exporter to India. ![]() 2 Likes |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by TheGift: 4:31pm On Mar 19, 2022 |
lalasticlala: I was just telling someone that even if other countries do business with them, Russia will be negotiating from a point of weakness. Only to now read this about discount. Let’s see how it goes. |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by usagee36: 4:32pm On Mar 19, 2022 |
Okay ![]() Author267: |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by sonnie10: 4:32pm On Mar 19, 2022 |
It is strategic for the west. This means additional 3 million barrels is freed up in the world market ( which would been purchased by India) to bring the skyrocketing price of crude down. More supply lower price. We should be talking about what currency was used for the transaction. As long as it wasn’t dollars, then it makes little or no sense in the present sanction situation. A win win for the west. 3 Likes |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by venabili: 4:33pm On Mar 19, 2022 |
Quelme: For USA, you must join their side, be enemies with their enemies or you get sanctioned. Imagine Hillary Clinton saying that it is a war crime to invade another sovereign nation. Was Libya not Sovereign? What about when they bombed belgrade or Syria? The Russian invasion is totally abhorrent and uncalled for, but US should stop the hypocrisy. 7 Likes |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by mrmacdon(m): 4:33pm On Mar 19, 2022 |
I want to know d currency the used in paying, ndi ara |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by cooltola(m): 4:34pm On Mar 19, 2022 |
India is not part of NATO, India will do what is best for India- If you go market and you see something what you looking for a very cheap price , you must buy now. The war will continue but I believe both Russia and Ukraine are losing the war- war will be a stalemate-. Ukraine will build up and everyone will go back and mind their business. Putin might not be in power for long with the sanctions are affecting common Russians daily and some big billionaire are losing money, I expect some changes in the future. There are some resistance to Putin rule in Russia, so I expect the resistance to keep growing. It is better to have more friends than enemies, and for the case of Putin, He has more enemies than friends. First of all , every Ukraine will fight till the last drop of blood- They are not going to give up easily , so the war will continue. Russia has won some battle and Ukraine has won some battle. Second of all, Putin is bad for businesses in Russia generally , so I do not expect the oligarch to be patient with Putin. Thirdly, Putin has enemies in the West and many countries and even within Russia,. 1 Like 1 Share |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by Nellsworld(m): 4:35pm On Mar 19, 2022 |
ALLNIGERIANSMAD:Guy can u just research before talking, US can't sanction China, Trump did that, wanting China to pay for more and its backfired, US farmers were heavily losing, China produces 80% of the world goods and services, if US sanctions China, the hyper inflation that will hit the world will be x2 that is going on becos of Russia 4 Likes |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by timay1: 4:36pm On Mar 19, 2022 |
chronique: The first mistake that the guys at the white house made was treating Russia like some small country on the map with little to no strategic resource of importance, like North Korea. 3 Likes |
Re: India Buys 3 Million Barrels Of Russian Oil At A Discount by NOETHNICITY(m): 4:36pm On Mar 19, 2022 |
lalastimlala:What is wrong about moving my family to china if I chose to. Did I tell you I intend to move my family to the US. Lots of ibo guys are making billions in China and you are here talking ignorantly 13 Likes 2 Shares |
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