Indian authorities have found a cynical way to further reduce the cost of Russian oil


Economy India is growing at a rapid pace, Russian inexpensive raw materials contribute well to progress in this process. To speed it up, an even greater impetus is needed in the form of more oil and other resources, purchased, apparently at the lowest possible price. In addition, a precarious balance has been established in the world between the many Western countries that are part of the anti-Russian coalition, and the huge states of Asia, India and China, which do not allow the scales to move in any direction.


This situation makes the Indian leadership keenly aware of its special position and experiencing heightened attention from both the West and Russia, who want to shift the balance in their favor. The Indian authorities can become a kind of arbiter in Washington's global attempt to set a "cost ceiling" on Russian oil.

New Delhi is well aware of the uniqueness of the moment: neither Russia will be able to abandon the markets in Asia, including India, nor the West will manage in its anti-Russian undertakings without taking into account the interests of this country. At the same time, China has already stated that it is against setting a price limit for a product from the Russian Federation, but India has taken an ambivalent position, very similar to the beginning of bargaining.

According to CNBC, the words of Indian Oil and Gas Minister Hardeep Singh Puri, New Delhi will "carefully" study all aspects of the GXNUMX countries' call to limit the cost of Russian oil. According to the official, it is still unclear who will join the initiative, as well as what impact it will have on the global energy market. Simply put, the authorities of a huge country have not yet decided whose side to take, and are open to suggestions.

In this vague, ambivalent position of the Indian authorities, one can clearly see the desire to get more benefits from cooperation with Russia, but also not to lose the thread that connects the former colony of the West with its capital and trust. As a result, New Delhi, most likely, will require concessions from each of the interested parties in order to acquire its position of unambiguity. In order for the situational ally to “decide”, Russia will be asked to further increase the discount on raw materials. Obviously, the Russian Federation will not be able to refuse, since in the light of the upcoming embargo, the geography of sales markets is narrowing radically. The condition voiced by the Deputy Prime Minister of the Russian Federation that oil will not be sold to those countries who support the “price ceiling” will not work in this case for the reasons stated above. So New Delhi, as a major client of Russian oil, has room to maneuver.

Can such bargaining be called cynical? Quite, because this is not blackmail, but not quite a beautiful move. Although in business relations, especially in a crisis on the verge of survival, all methods are “good”, which is why it is stupid to evaluate trade relations from the point of view of morality. In any case, such behavior will be called practically effective and pragmatic.
  • Used photographs: JSC "Gazprom"
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  1. skept54 Offline skept54
    skept54 (Alexander Chirukhin) 6 September 2022 09: 25
    +7
    It is unlikely that we need to meet halfway even India.
    If we refuse to supply her (i.e. India) oil with its volumes, prices will skyrocket.
    Probably here, as in cards, who will reliably bluff. Losing here is a disaster for both participants.
    1. Pivander Offline Pivander
      Pivander (Alex) 6 September 2022 11: 20
      +3
      It's simple, the Russian Federation SHOULD sell oil in order to fulfill the budget, and pay for the SVO. It's temporary, but better than a complete pissist. Everything will fall into place later. And skidos for India now is nothing compared to the restructuring of the world, which is just beginning.
      1. GIS Offline GIS
        GIS (Ildus) 6 September 2022 14: 32
        +3
        I just don’t understand one thing: how did you intertwine oil, the budget and your own?
        everyone shouts that the budget is replenished ONLY THROUGH THE SALE OF OIL AND GAS. aha, if it were so, now we would fatten even better than in the 2000s
        https://neftegaz.ru/news/finance/749712-rossiya-v-avguste-2022-g-sokratila-neftegazovye-dokhody-na-3-4/
        so the question arises: where did Stalin get money for the country, did the entire budget of the USSR depend on exports?
        you just need to raise domestic demand for products from oil (the same gasoline and solarium in the first place) + products of deep processing (polymers). in the first direction, it is necessary to reduce the cost at gas stations (to the end consumer), and in the second, factories are already under construction
        1. Alex D Offline Alex D
          Alex D (Alex D) 7 September 2022 16: 13
          +1
          Under Stalin, the proceeds were not exported. And then they take it out. According to some reports, up to 200 billion dollars a year are exported, and not only for raw materials, but also for banks, retail, etc. This is huge money.
        2. syndicalist Offline syndicalist
          syndicalist (Dimon) 8 September 2022 07: 38
          -1
          You are just as good as the leadership of Russia. Of course, you must first start a war, and then proceed to develop domestic demand.
  2. Denis Z Offline Denis Z
    Denis Z (Denis Z) 6 September 2022 09: 43
    +5
    Another brotherly people
    1. Patrick laforet Offline Patrick laforet
      Patrick laforet (Patrick Laforet) 6 September 2022 13: 37
      +4
      As well as other fraternal peoples of China. Russia has yet to learn the lesson that there is no such thing as brotherly people. Russia has been supplying cheap gas to Europe for decades, and look what Europe is doing to Russia. Russia has been feeding its enemies for decades, and therefore it cannot blame these enemies for what they are doing.
      1. Benjamin Offline Benjamin
        Benjamin (Benjamin) 7 September 2022 12: 19
        0
        Russia is holding a NWO in a European country, that's the whole reason for the reaction of Europe, they understand that they are next after the Square, is this news?
  3. Dust Offline Dust
    Dust (Sergei) 6 September 2022 14: 13
    +7
    Two years ago, gas was sold for less than $100 per 1000 cubic meters. Today gas costs 2500-3500 dollars per 1000 cubic meters. Why is this happening? Back in 1975, the price of gas in Europe was an average of 900-1200 dollars per thousand cubic meters. But then the USSR came and began dumping prices. The same has been done for the last 30 years. Resource owners appeared. Where the main thing for them was to take resources out of Russia and sell them at any price. The resource lobby is the strongest in Russia. The lobbies want Russia to remain within the framework of the global Western project, where it is destined for the role of not a full-fledged participant with all rights, just for the entire raw material appendage with a ban on development from all other directions.
    Our lobby, which still fully controls all issues of the economy and finance in our country, has made great efforts to ensure that real import substitution does not begin in Russia, and nationalization and industrialization are not carried out.
    Officials and bureaucrats do not want to switch to a new model of the country's development, which Putin has chosen as the main one. Thus, they put up serious resistance to him, which hinders the implementation of his plan.
    1. GIS Offline GIS
      GIS (Ildus) 6 September 2022 14: 35
      +1
      what is, that is ... therefore, only their replacement with statesmen (those who work FOR and FOR THE STATE)
    2. special correspondent (oleg) 7 September 2022 12: 02
      +2
      I didn’t find such figures for gas prices of $ 900-1200 per 1000 cubic meters. in the early seventies, in 1975 in Europe. Are you wrong?
    3. Benjamin Offline Benjamin
      Benjamin (Benjamin) 7 September 2022 12: 22
      0
      Nonsense, no one will blather without Putin's knowledge, he appoints them,
      1. alexey alexeyev_2 (Alexey Alekseev) 7 September 2022 18: 20
        +1
        And even so, he is the emperor and every governor immediately stands at attention. And everyone is afraid of him, he holds everyone by the balls ... sorry by the throat. You definitely noticed this ... good good
  4. Victor M. Offline Victor M.
    Victor M. (Victor) 6 September 2022 14: 27
    +3
    Well, this is fortune telling on coffee grounds. And as for cynicism, the reasoning of the kids in the sandbox about who got the scoop. If the government first of all thinks not about its own country, but about "partners", such a government must be persecuted. Russia sells weapons to both China and India. Maybe they also talk about the "cynicism" of Russia?
  5. Vox_Populi Offline Vox_Populi
    Vox_Populi (vox populi) 6 September 2022 20: 47
    +3
    In this vague, ambivalent position of the Indian authorities, one can clearly see the desire to get more benefits from cooperation with Russia, but also not to lose the thread that connects the former colony of the West with its capital and trust.

    What is so new and amazing about it?
  6. EMMM Offline EMMM
    EMMM 6 September 2022 22: 04
    +4
    The most unpredictable option: reduce the discount! And how do Indians sing? Will they buy LNG from the states?
  7. Colonel Kudasov Offline Colonel Kudasov
    Colonel Kudasov (Leopold) 7 September 2022 09: 59
    +3
    If Russia sells oil to India for rubles then, in theory, the States cannot track the price for which it is sold
  8. The comment was deleted.
  9. Boris S. Offline Boris S.
    Boris S. (Boris) 7 September 2022 13: 11
    +1
    You are positioning yourself as a counterbalance to the West, so do not stoop to some kind of India and Pakistan. Who is not with us is against us, there is no third way. ran out of partners
  10. raskopov2010 Offline raskopov2010
    raskopov2010 (valeri raskopov) 7 September 2022 14: 33
    +1
    Here is a turn to the East, we must hope for ourselves, and not look for accomplices in the world. It is necessary that imaginary partners themselves seek friendship with Russia, and have it for the honor. But, for this you need to become strong in all respects, there are opportunities
    1. Oleg Saidovich Offline Oleg Saidovich
      Oleg Saidovich (Oleg Saidovich) 7 September 2022 16: 21
      0
      Not anymore. No possibilities. They were BEFORE a tank shot at Government House in the early 90s.
  11. Alex D Offline Alex D
    Alex D (Alex D) 7 September 2022 16: 14
    +1
    Quote from: skept54
    It is unlikely that we need to meet halfway even India.
    If we refuse to supply her (i.e. India) oil with its volumes, prices will skyrocket.
    Probably here, as in cards, who will reliably bluff. Losing here is a disaster for both participants.

    Of course, you don’t need to make discounts, it’s better for the Chinese to sell more.
  12. Alex D Offline Alex D
    Alex D (Alex D) 7 September 2022 16: 16
    +1
    Quote from: raskopov2010
    Here is a turn to the East, we must hope for ourselves, and not look for accomplices in the world. It is necessary that imaginary partners themselves seek friendship with Russia, and have it for the honor. But, for this you need to become strong in all respects, there are opportunities

    To do this, you need an empire. This is what Putin is doing now. But much is not being done - taxes for large businesses are not very high, uncontrolled export of capital.
  13. Alex D Offline Alex D
    Alex D (Alex D) 7 September 2022 16: 18
    0
    Quote: Colonel Kudasov
    If Russia sells oil to India for rubles then, in theory, the States cannot track the price for which it is sold

    The CIA has big ears, including in Russia. The Americans want 45 million here in the European part, that is, it is us, the Russians, who are to be cut! They want the budget to be less rich.
  14. The comment was deleted.
  15. nikanikolich Offline nikanikolich
    nikanikolich (nikola) 7 September 2022 22: 10
    0
    lower the price in the domestic market and you will have a golden bag. They got used to spud foreigners, but forgot about their consumers