China to build mega oil pipeline from Gwadar to Kashgar

[OrionHunter]

Everything related to the CPEC is being termed 'mega'! Mega Oil City (Gwadar), mega oil pipeline, mega industrial complex, mega energy projects, mega roadway projects, mega metros, mega Karot Hydropower Project, mega coal power project, mega this and mega that!

Is it megalomania?

 

[RoadRunner401]

As we know the Global Oil transit, transport cost is estimated to be around 8 dollar /barrel in the existing route

lets say china by building this pipeline saves 50 % I would doubt that

That brings it to 4 dollars if a one dollar/ barrel is spent on pipeline maintenance so the nett saving comes around 3 dollar per barrel, china would looking at-least 30% percent saving in costs for having invested in huge infrastructure .....

So what remains is .6 dollar /barrel, really what will Pakistan get other than may be employment opportunities and of course some free infrastructure this would be the case for all the chinese trade that happens through pakistan other than some employment it does not mean anything more

The cost to transport crude oil or petroleum products by pipeline is a fraction of the cost of other modes of transportation. The cost to ship crude oil by rail is generally $10 to $15 per barrel versus under $5 per barrel by pipeline.

 

[New Resolve]

Everything related to the CPEC is being termed 'mega'! Mega Oil City (Gwadar), mega oil pipeline, mega industrial complex, mega energy projects, mega roadway projects, mega metros, mega Karot Hydropower Project, mega coal power project, mega this and mega that!

Is it megalomania?

and Mega Insecurity for Modi and sons.

 

[optimisticlad]

Lol Why do you even care...China is investing, So You are more expert than Chinese economists?

Sir why Indians are so concern about the China and Pakistan......
why they always showing concerns apprehensions and bla blaaaaa

DG ISPR himself tweeted about this article

Called it a great weekend read

SIr any link to the article...?

 

[Shareef]

As we know the Global Oil transit, transport cost is estimated to be around 8 dollar /barrel in the existing route

lets say china by building this pipeline saves 50 % I would doubt that

That brings it to 4 dollars if a one dollar/ barrel is spent on pipeline maintenance so the nett saving comes around 3 dollar per barrel, china would looking at-least 30% percent saving in costs for having invested in huge infrastructure .....

So what remains is .6 dollar /barrel, really what will Pakistan get other than may be employment opportunities and of course some free infrastructure this would be the case for all the chinese trade that happens through pakistan other than some employment it does not mean anything more

You are right. If Pakistan does not get permanent benefits from CPEC, like Transit Fees, Custom Fees, etc, then what is the financial benefit of CPEC... Of course, the Chinese may bring their own labours to reduce their Unemployment. Atleast the Pakistani Govt. should make it compulsory that Every Project should give 50% jobs to Pakistanis....

 

[Winchester]

Sir why Indians are so concern about the China and Pakistan......
why they always showing concerns apprehensions and bla blaaaaa


SIr any link to the article...?

I am on mobile right now.

Check DG ISPR's twitter account or search Munir Akram's dawn articles on google.

 

[Hakikat ve Hikmet]

So, China is scaring all other competitors off from the ME oil business. It's quite expected. As for Iran, are they gonna sell out India for China? Not many surprises out there too for I heard that most of the top businessmen in India are Persians from pre-Islamic Iran..

 

[Max]

Everything related to the CPEC is being termed 'mega'! Mega Oil City (Gwadar), mega oil pipeline, mega industrial complex, mega energy projects, mega roadway projects, mega metros, mega Karot Hydropower Project, mega coal power project, mega this and mega that!

Is it megalomania?

dont get butthurt, we will build mega burnol factories for your kind too...

 

[Ghareeb_Da_Baal]

China signs a deal with Iran for oil imports via Pakistan and India is neutralized. @Hyperion @Icarus @Oscar @Irfan Baloch

egjactly but some ppl get g.m.d about every project we have esp. witt china and in their chutyapan & faraghat actually take out a calculator made in channa and do calculations! Amazing.

 

[war&peace]

seems you are thinking alot. you should rest now.

And they are not obsessed with Pakistan or CPEC... nah they are not... But on each and every thread they are spewing hot puffs and stinking the whole atmosphere...

 

[Imad.Khan]

WHat type of transit fees we are looking at by this ?

Maverick has answered that already

You want me to calculate for you the monthly amount USD 1/barrel would rake in for Pakistan for 1 Million Barrels a day for 30 days in a month? Seriously??????

 

[Lucky Breeze]

Is it megalomania?

Just apply it, quickly, BTW ignore N- league msg.

 

[posedion]

The cost to transport crude oil or petroleum products by pipeline is a fraction of the cost of other modes of transportation. The cost to ship crude oil by rail is generally $10 to $15 per barrel versus under $5 per barrel by pipeline.

Sir, the figure you are quoting will make the project a financial nightmare to China and hope for pakistan sake it does not turn out to be true if they get 5 dollar a barrel a crude at the offloading point in mainland china, the cost of getting crude to Gawadar is itself a cost if china is willing to upward of 11 dollars per barrel transport cost to get crude Good luck to them

By the way our Indian crude transport cost are around 3.4 to 3.8 dollar depending on the Oil source

 

[Yeezy]

Everything related to the CPEC is being termed 'mega'! Mega Oil City (Gwadar), mega oil pipeline, mega industrial complex, mega energy projects, mega roadway projects, mega metros, mega Karot Hydropower Project, mega coal power project, mega this and mega that!

Is it megalomania?

Yeah everything is mega including the burning *** of yours.

 

[tarrar]

I am glad that there are so many projects in process & I hope they are completed on time.