LMAO: India resells Russian oil to the European Union.

[Sithara007]

It's unfortunate that India didn't join the common action against Russia. It was obvious from the start that they wouldn't, but it's still sad. Yes, India has a lot of profit to make here, but profit on war, on blood, on what several countries and many scholars call a genocide? Is it really alright to make profit when such terrible things are done by Russia with the money it gets from selling oil?
And the EU, well, I'm not surprised that everyone is pretending that it's not Russian oil while knowing it probably is.

On multiple occasions I have asked you guys to stop blaming my country. Our position is clear. We don't support sanctions and embargoes that are imposed purely to satisfy the ego of western nations. Crude oil prices have risen by 200% during the last two years and the EU is using this as a tool for regime change. Already governments have fallen in countries such as Pakistan. If the EU want us to stop purchasing crude from Russia, then they should ask the OPEC to increase the output by 10 million barrels per day (that is the daily output from Russia).

Once again, let me make it very clear. India is not ready to foot the bill for EU's war against Russia.

[yhiaali3]

Really funny thing, instead of getting rid of Russian gas they are buying at a higher price but under a different name "Indian Gas"!!! This is really ridiculous. They want to get rid of Russia's control, but they are drowning in the Russian quagmire more and more. Unless Europe can find an alternative and cheap source of energy instead of Russian gas, they will never be able to get rid of Russia's grip. In fact, they are looking for other alternatives such as clean energy but they have not yet been able to find a cheap alternative and may not be able to do so in the near future.

[be.open]

Let's see how Russia will be able to sell about 3 million barrels that were going to Europe and its allies.

Through the Druzhba pipeline? Haven't you realized yet that the EU oil embargo is pure farce and bluff. Hungary did not join the embargo, Bulgaria, Slovakia and Croatia did, but with a number of reservations and delays. A large refinery in East Germany that produces aviation fuel for the whole of Europe is designed for heavy Russian oil, and it is easier to build a new plant than to reconfigure an old one. Europe has painted itself into a corner with populist statements by incompetent politicians, and now their voters will have to pay the price. Russia does not need to sell three million barrels to Europe when Europe is driving up oil prices through its actions. It is enough to sell two million and get the same money or even more.

False. The embargo is real. The oil bought by those countries is 10% of the total and does not make any difference. Hungary is as close as a country can get to being expelled from the EU for failing to follow the rule of law, implementing one state of exception after another. They are already excluded from the EU funds for those reasons. Let them buy from Adolf Putin, eventually they may only be able to buy from him.

There is no lack of refining capability in Europe, there is no lack of heavy crude oil in the world. Unfortunately, the RF citizens are going to have a though time in the next decade.

US and EU are avoiding what is called "secondary sanctions" to India and China, but India will pay a price for this eventually.

Do not accuse me of lying, if you are not able to confirm this with evidence and facts, with unfounded accusations you only discredit yourself and lose the status of an adequate interlocutor in the eyes of others. There is too much hypocrisy to consider the EU oil embargo real in a thread discussing India's resale of refined Russian oil to Europe lol.

[Don Pedro Dinero]

False. The embargo is real. The oil bought by those countries is 10% of the total and does not make any difference. Hungary is as close as a country can get to being expelled from the EU for failing to follow the rule of law, implementing one state of exception after another. They are already excluded from the EU funds for those reasons. Let them buy from Adolf Putin, eventually they may only be able to buy from him.

There is no lack of refining capability in Europe, there is no lack of heavy crude oil in the world. Unfortunately, the RF citizens are going to have a though time in the next decade.

US and EU are avoiding what is called "secondary sanctions" to India and China, but India will pay a price for this eventually.

Do not accuse me of lying, if you are not able to confirm this with evidence and facts, with unfounded accusations you only discredit yourself and lose the status of an adequate interlocutor in the eyes of others. There is too much hypocrisy to consider the EU oil embargo real in a thread discussing India's resale of refined Russian oil to Europe lol.

What is clear is that the EU cannot magically stop consuming all the oil and gas it used to buy from Russia. It can gradually reduce it as it installs more renewables, as it has been doing for years.

I think there is a lot of window-dressing going on here, and I would like to see how they approach energy policy in the medium term, not to mention the long term, as politicians are not usually capable of thinking beyond one term of office. For me the lesser evil is to install more nuclear power plants, because fossil fuels mean putting the EU in the hands of other countries, many of them dictatorships. And to make a fool of themselves as in this case.

[Ucy]

I wonder among all these parties who is violating their rules and principles:  the ones telling lies about a product they sell to consumers or the ones using something they already ban.  It's important to always make laws that are implementable and not based on emotions so you don't lose more ranks for not obeying them.
I believe they strongly regretted the early sanctions because it was done hastily and created serious problems.  And it's possible to convince your customers to buy your products without lying to them

[TheNineClub]

I first saw this in a Spanish forum, but I see that a national newspaper in Spain has brought it out.

https://www.elmundo.es/economia/macroeconomia/2022/06/04/629a1c44e4d4d8fb2a8b460d.html

In English:

https://www.marketwatch.com/story/why-india-is-set-to-win-big-as-eu-bans-russian-oil-imports-11654021874

India is receiving 600,000 barrels per day from Russia compared to 90,000 barrels per day last year, which buys at below market price, refines and sells at a higher price to Europe. What a masterstroke by the European Union, LMAO.

Nobody thought of this? Last Friday the EU adopted sanctions banning oil imports from Russia.

https://thehill.com/policy/energy-environment/3511129-eu-officially-adopts-russian-oil-embargo/

Once this has come to light, what are they going to do? Not buy from India? It reminds me of exchanges or other entities that don't want tainted coins.

I put this comment here because I think it is the key to the issue:

Once the oil is refined in to diesel, it will be impossible to know about it's origin. And here, the situation is further complicated by the fact that the two oil companies who have purchased huge amounts of oil recently (Nayara Energy and Reliance Industries) also import a lot of oil from Iraq and Saudi Arabia. So they can always claim that the diesel they sell to the EU is sourced from Iraqi crude. After all, it is same substance with the same chemical composition coming from different oil wells. There is no 100% accurate method to find out how many molecules came from Russia, and how many came from Iraq.

So India claims that what it sells to the EU does not come from Russia, the EU claims that what it buys does not come from Russia, when most likely at least some of what it buys from India comes from Russia, and more expensively. LMAO.

Well, what a convenient way for everyone to bypass sanctions while still abiding by the sanctions As you mentioned, there are ways to find out where the oil came from, and I honestly don't doubt that all parties are aware of where it comes from, but we have to take into account the rampant globalization that has been going on for the last, oh, 100years, and it would be completely impossible to dead stop it like we think it should due to sanctions. Things like this are bound to occur, but it will be reduced with time. Things like that can't happen overnight.

[Mometaskers]

The EU countrie hell knows that the oil they are buying from India came from Russia. No wonder there are conspiracy theories that this was just some staged shit to further crash the global economy so they can steal more money from the people.

Even if that speculation is unlikely, what's clear is that there's no immediate solution to Europe's energy problem.

Lmao What happened to Europe’s unicorn fart powered windmills anyway? I thought oil/gas was outdated… What happened to WEF’s push for zero carbon footprint?

It's all hypocrisy, like Leonardo di Caprio telling us to lower our carbon footprint while his private jet emissions dwarf what a family produces in a year. Or to put it another way, it's the "Bugs for thee, Steaks for me" attitude.

[oHnK]

What is clear is that the EU cannot magically stop consuming all the oil and gas it used to buy from Russia. It can gradually reduce it as it installs more renewables, as it has been doing for years.

I think there is a lot of window-dressing going on here, and I would like to see how they approach energy policy in the medium term, not to mention the long term, as politicians are not usually capable of thinking beyond one term of office. For me the lesser evil is to install more nuclear power plants, because fossil fuels mean putting the EU in the hands of other countries, many of them dictatorships. And to make a fool of themselves as in this case.

Any sanction which is given to the Russian can't be implemented fully 100%, the fact is every countries have need each others. So, India talked about their business, although They really understand and know that what They did was wrong but it doesn't matter. They will give us a rational reason to avoid any bad impact. We know that if we talk about profit, although the country is doing war each other but the societies need money to fulfill their daily needs. Business must go on whatever is going on.

[galambo]

On multiple occasions I have asked you guys to stop blaming my country. Our position is clear. We don't support sanctions and embargoes that are imposed purely to satisfy the ego of western nations. Crude oil prices have risen by 200% during the last two years and the EU is using this as a tool for regime change. Already governments have fallen in countries such as Pakistan. If the EU want us to stop purchasing crude from Russia, then they should ask the OPEC to increase the output by 10 million barrels per day (that is the daily output from Russia).

Once again, let me make it very clear. India is not ready to foot the bill for EU's war against Russia.

I think India has made best decision for its people and its own interest. I heard Indian foreign minister saying ' EU must stop depicting that there problems are worlds problems '. Pakistani government tried to buy oil from Russia but USA carried out an operation regime change in Pakistan and bought its own people in power who are no more buying oil from Russia.

[justdimin]

France did the right thing by driving off the tree huggers and allowing the nuclear power plants to operate. On the other hand, Germany closed down most of theirs under pressure from the warmonger Green party and then further exacerbated the situation by constructing wind power plants where there is no wind, and solar power plants where there is no sunlight. And now they are about to shut down at least some of their natural gas fired powerplants, which would mean that they will be importing massive amounts of electricity from France.

Honestly those "tree huggers" is not the problem in that case, because Nuclear power plants are usually very clean if you know what you are doing. I know that there is a chance it could blow up and that would be horrible, but nobody builds a nuclear power plant just so it would blow up and be terrible. It is energy efficient, you can carry it for very long distances, and it is not going to be hurting the world if nothing happens.

So, even for a tree hugger, it is actually a good idea, it is a clean energy source that covers so much energy need with just one of them, 10 of them would light the whole nation, why would it be something tree huggers hate, I would never know.

[Sithara007]

Honestly those "tree huggers" is not the problem in that case, because Nuclear power plants are usually very clean if you know what you are doing. I know that there is a chance it could blow up and that would be horrible, but nobody builds a nuclear power plant just so it would blow up and be terrible. It is energy efficient, you can carry it for very long distances, and it is not going to be hurting the world if nothing happens.

So, even for a tree hugger, it is actually a good idea, it is a clean energy source that covers so much energy need with just one of them, 10 of them would light the whole nation, why would it be something tree huggers hate, I would never know.

Exactly. I don't understand why the Green Party hates Nuclear energy so much. There are somewhere between 400 to 500 nuclear powerplants operating in the world as of now, and many of them have been operating for decades without any issues. There were isolated incidents such as Chernobyl, but now the technology has improved a lot and chances of an accident occurring is much less than a hypro-power dam getting blasted. Makes me suspicious about the real intention of these people. Aren't they being funded by corporations that manufacture solar panels and wind turbines?

[DrBeer]

No, I'm not talking about India, I'm talking about the situation in the world in general. "Money doesn't smell!". Some believe that you can earn money by working with terrorists. Bring them money, essentially sponsoring terrorism. And then put a good income in your pocket at the expense of consumers or quietly resell at a good markup or ... Yes, there are many more options that we are now seeing.
What was well shown by the terrorist war unleashed by Russia against Ukraine, and the economic war against the whole world, is the "real face". The real face of international organizations that have shown their complete lack of impotence or cowardice, instead of doing what they were created for. The real face of corrupt politicians, and much more. But now everyone is visible, and everyone understands that it is possible to "score" on moral, ethical standards and human values. True, in case of some kind of trouble, all these "persons" will begin to appeal to humanity, humanism, and the need to urgently help them ...


PS Just for the sake of interest - how did India live in a terrible oil "shortage" until 2022?

[be.open]

No, I'm not talking about India, I'm talking about the situation in the world in general. "Money doesn't smell!". Some believe that you can earn money by working with terrorists. Bring them money, essentially sponsoring terrorism. And then put a good income in your pocket at the expense of consumers or quietly resell at a good markup or ... Yes, there are many more options that we are now seeing.
What was well shown by the terrorist war unleashed by Russia against Ukraine, and the economic war against the whole world, is the "real face". The real face of international organizations that have shown their complete lack of impotence or cowardice, instead of doing what they were created for. The real face of corrupt politicians, and much more. But now everyone is visible, and everyone understands that it is possible to "score" on moral, ethical standards and human values. True, in case of some kind of trouble, all these "persons" will begin to appeal to humanity, humanism, and the need to urgently help them ...


PS Just for the sake of interest - how did India live in a terrible oil "shortage" until 2022?

Last month, the US bought $2 billion worth of stuff from Russia. And the European Union is about 25 billion dollars. According to your logic, the US and the EU are the sponsors of global terrorism.

[Flexystar]

Europes cars are running, houses are warm and school buses en route, ahh is it the fuel we that imported from India? Lolz. I see no problem in that one as long as my cars running just fine and not smoking hot or stopped and rusting in my backyard because there is no fuel.

We paying for it, and it’s really Governments fault since they are not capable of turning on the windmills and just putting unrealistic rules like each house should have their own solar panels on the roof and what not.

They should have thought twice or thrice before imposing the sanctions on Russian import. We are still hundreds of years away from flying electric cars.

[og kush420]

Europes cars are running, houses are warm and school buses en route, ahh is it the fuel we that imported from India? Lolz. I see no problem in that one as long as my cars running just fine and not smoking hot or stopped and rusting in my backyard because there is no fuel.

We paying for it, and it’s really Governments fault since they are not capable of turning on the windmills and just putting unrealistic rules like each house should have their own solar panels on the roof and what not.

They should have thought twice or thrice before imposing the sanctions on Russian import. We are still hundreds of years away from flying electric cars.

LOL - the line is very accurate and I was also thinking the same when they whole world was putting sanctions on Russia. Now the whole EU is in stress where to get the oil and fuel. What other solution they have. Now is the time to tell the world that they are not soft target like Afghanistan, Iran, Iraq, Palestine, Syra, Pakistan.

[goaldigger]

Europes cars are running, houses are warm and school buses en route, ahh is it the fuel we that imported from India? Lolz. I see no problem in that one as long as my cars running just fine and not smoking hot or stopped and rusting in my backyard because there is no fuel.

We paying for it, and it’s really Governments fault since they are not capable of turning on the windmills and just putting unrealistic rules like each house should have their own solar panels on the roof and what not.

They should have thought twice or thrice before imposing the sanctions on Russian import. We are still hundreds of years away from flying electric cars.

No one is asking where the gas came from if they are buying it, they have no choice since that is the only fuel available for them, and with this they are forced to buy at any price or else those cars won’t be running. India is also negotiating with the EU, and of course they can’t also afford to lose Russia as they provide fuel to them and with this, the only good option is to resell it and the real loser here are the EU as they rely too much on Russia before. This is indeed the government fault at all, the sanctions is not doing well for them. 

[DrBeer]

No, I'm not talking about India, I'm talking about the situation in the world in general. "Money doesn't smell!". Some believe that you can earn money by working with terrorists. Bring them money, essentially sponsoring terrorism. And then put a good income in your pocket at the expense of consumers or quietly resell at a good markup or ... Yes, there are many more options that we are now seeing.
What was well shown by the terrorist war unleashed by Russia against Ukraine, and the economic war against the whole world, is the "real face". The real face of international organizations that have shown their complete lack of impotence or cowardice, instead of doing what they were created for. The real face of corrupt politicians, and much more. But now everyone is visible, and everyone understands that it is possible to "score" on moral, ethical standards and human values. True, in case of some kind of trouble, all these "persons" will begin to appeal to humanity, humanism, and the need to urgently help them ...


PS Just for the sake of interest - how did India live in a terrible oil "shortage" until 2022?

Last month, the US bought $2 billion worth of stuff from Russia. And the European Union is about 25 billion dollars. According to your logic, the US and the EU are the sponsors of global terrorism.

Yes, I believe that helping a terrorist country fill the treasury (uncontrollably, as, for example, in relation to Iran - oil in exchange for medicines), this is direct or indirect financing of terrorism. And the same goes for other countries. And that is what they are now paying for with the high price of oil, gas, and other disruptions in supply and supply chains. That's all - the price of flirting with the new brown plague of the 21st century! 1939 did not teach the world anything, now the world will receive another not cheap lesson ... Well, what did you think? And by the way, the citizens of Russia will be collectively responsible for supporting these same neo-Nazis. Everything will be repeated exactly as it was with Nazi Germany. Only now there will be a terrorist country in the dock - Russia

UPD I will also add that Ukrainian companies that do business with Russia without supplying goods or resources critically needed for Ukraine also finance Russian terrorism.

[Oceat]

Europes cars are running, houses are warm and school buses en route, ahh is it the fuel we that imported from India? Lolz. I see no problem in that one as long as my cars running just fine and not smoking hot or stopped and rusting in my backyard because there is no fuel.

We paying for it, and it’s really Governments fault since they are not capable of turning on the windmills and just putting unrealistic rules like each house should have their own solar panels on the roof and what not.

They should have thought twice or thrice before imposing the sanctions on Russian import. We are still hundreds of years away from flying electric cars.

No one is asking where the gas came from if they are buying it, they have no choice since that is the only fuel available for them, and with this they are forced to buy at any price or else those cars won’t be running. India is also negotiating with the EU, and of course they can’t also afford to lose Russia as they provide fuel to them and with this, the only good option is to resell it and the real loser here are the EU as they rely too much on Russia before. This is indeed the government fault at all, the sanctions is not doing well for them.  

I hope this is just a misunderstanding but it turns out that EU has some fault too for implying the sanctions which is not going well on their economy especially in the usage of oil. I'd like to believe that their government already knew this but proceeded anyway without thinking what would be the cost perhaps they don't like Russia at all IMO but the results show that they couldn't stand if they are out of fuel and the only way is to buy it from another country which could cost more than what they paid for.

[Lucius]

Last month, the US bought $2 billion worth of stuff from Russia. And the European Union is about 25 billion dollars. According to your logic, the US and the EU are the sponsors of global terrorism.

It should be noted that sanctions concerning imports/exports when it comes to Russia are not absolute and there are things that are exempt from sanctions. I can't say what is exempt from sanctions when it comes to the US, but as far as the EU is concerned, things are like this:

The list of banned products is designed to maximise the negative impact of the sanctions for the Russian economy while limiting the consequences for EU businesses and citizens. The export and import restrictions exclude products primarily intended for consumption and products related to health, pharma, food and agriculture, in order not to harm the Russian population.

Is it just a humanitarian aspect as they claim, or is it an excuse for part of the trade to continue no matter what? Either way, the money is coming to Russia, which is still on a war campaign against an internationally recognized country, so no one can say that the EU and the rest of the world are not financing that war (at least in part).

It will be interesting to see how many imports from Russia to the EU will be this year, but from 2012 onwards it is still declining and amounts to less than $200 billion with the largest share in fuels, oils, and distillation products.

[RealMalatesta]

What is clear is that the EU cannot magically stop consuming all the oil and gas it used to buy from Russia. It can gradually reduce it as it installs more renewables, as it has been doing for years.

I think there is a lot of window-dressing going on here, and I would like to see how they approach energy policy in the medium term, not to mention the long term, as politicians are not usually capable of thinking beyond one term of office. For me the lesser evil is to install more nuclear power plants, because fossil fuels mean putting the EU in the hands of other countries, many of them dictatorships. And to make a fool of themselves as in this case.

They could have, and still could in the future, but they are denying that for some reason. There are laws in place, and aims and roads to take, but renewable energy is the way to go for this and they just do not spend that kind of money on it.

From all kinds of food to all the energy needs, every nation has enough power to do it all by themselves and they only need to spend some money on it now, if they spend it now, they will be great in the future. Like have solar panels EVERYWHERE that gets sunshine enough, that would require tens of billions of dollars worth of investment, and yet you will not need Russia afterwards, and for some reason they still do not do it enough.