India to start exporting petro products to Pakistan
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Secret Service
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so then keep your products...But who will listen to you ...
stop making asinine comments, you clearly lack business acumen. It is a win-win deal for both countries and it especially helps us in scaling our refining capacity even further.
No credit. India should request advance payment of Hard cash.
We should not do any business with Pakistan. I am against for any benefit pakistan getting with our trade.
Mike, we are not conducting charity, it is a simple business deal. We have excess capacity, rather than have it sitting idle and depreciating we can put it to use and generate revenue. who cares if it goes to pakistan or US.
Besides, your comments on "no credit" are uncalled for, most business deals are done on credit. Even though Pakistan may be going through economic challenges it is still solvent.
You know who became almost insolvent in the 90s, We did. So just cuz we are doing better now doesn't give us the right to mock someone else.
Bang Galore
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India already buys cement from Pakistan, did buy onions till you guys decided to stop it, don't know anything about jewels (I assume you mean jewelery) - India has one of the largest jewelry industries in the world. Same story with wheat, India won't be buying any in the near future - they are expecting a bumper harvest.
Pakistan should not benefit by any chance. It is our interest. India should not care about the profit. Consider amount we spend on weapons. If pakistan is crippled economically, we don't have to spend on weapons.
Zeeshan360
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U clearly lack some business skills.
We have many weapons targeted on China , so accdng to u r theory China should stop selling us items .
Keep that anti pakistani propaganda somewhere else .
We need Pakistan for oil pipelines which pass through them
twoplustwoisfour
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Conflicting news items from the same newspaper within a day of each other? What are the editors doing?
NEW DELHI: Pakistan has doggedly refused to remove motor fuels from the list of items that cannot be imported from India to avoid giving New Delhi a leverage over its energy supplies.
Government officials said Indian refiners may be willing but cannot export diesel or petrol to Pakistan unless Islamabad takes these off its 'Negative List'. They said there was no formal proposal but did not rule out the issue resurfacing during the forthcoming commerce secretary-level talks between the two countries.
"It (talks) are going to be unstructured. Any side can broach any topic. They had promised to open doors to Indian fuels in 2004 but nothing has happened. The reason is Kuwait offers large discounts and soft payment terms," one commerce ministry official said.
The idea of exporting diesel was first mooted by flagship refiner-marketer IndianOil Corporation in 2002-03. The plan gathered momentum after Pakistan's then energy secretary, Abdullah Yusuf, said during his Delhi visit in January 2004 it made economic sense for his country to import fuels from India.
Ysusf's reason was based on the fact that the Pakistan had to wheel fuels to Multan area over some distance as there was no refinery in the region. Indian exports through Punjab, thus, appeared as a solution. That template may have changed with a new refinery in Multan.
IndianOil had appointed an agent in Pakistan for fuels and petrochems business. It proposed to sell one million tonne of diesel from its Jalandhar depot by rail-tankers. It was willing to raise the quantity to 4 million tonne and eventually set up a pipeline.
Private sector Reliance Industries too was exploring the prospect of shipping fuels from its Jamnagar refinery to Karachi. IndianOil had even priced its diesel some 60 cents a barrel cheaper than Kuwaiti supplies. But Islamabad refused to budge.
Oil industry executives raised doubts over the viability of exporting diesel to Pakistan. "Their national oil company is nearly bankrupt. An Indian exporter may face payments risks," one executive said.
What may still change the situation is the fact that India is now signatory to two transnational gas pipelines from Iran and Turkmenistan -- through Pakistan territory. In 2004, Pakistan had set the condition that India accepts Pak transit for these pipelines before allowing diesel from India to flow.
Indian diesel banned in Pakistan - The Times of India
Indian diesel banned in Pakistan
NEW DELHI: Pakistan has doggedly refused to remove motor fuels from the list of items that cannot be imported from India to avoid giving New Delhi a leverage over its energy supplies.
Government officials said Indian refiners may be willing but cannot export diesel or petrol to Pakistan unless Islamabad takes these off its 'Negative List'. They said there was no formal proposal but did not rule out the issue resurfacing during the forthcoming commerce secretary-level talks between the two countries.
"It (talks) are going to be unstructured. Any side can broach any topic. They had promised to open doors to Indian fuels in 2004 but nothing has happened. The reason is Kuwait offers large discounts and soft payment terms," one commerce ministry official said.
The idea of exporting diesel was first mooted by flagship refiner-marketer IndianOil Corporation in 2002-03. The plan gathered momentum after Pakistan's then energy secretary, Abdullah Yusuf, said during his Delhi visit in January 2004 it made economic sense for his country to import fuels from India.
Ysusf's reason was based on the fact that the Pakistan had to wheel fuels to Multan area over some distance as there was no refinery in the region. Indian exports through Punjab, thus, appeared as a solution. That template may have changed with a new refinery in Multan.
IndianOil had appointed an agent in Pakistan for fuels and petrochems business. It proposed to sell one million tonne of diesel from its Jalandhar depot by rail-tankers. It was willing to raise the quantity to 4 million tonne and eventually set up a pipeline.
Private sector Reliance Industries too was exploring the prospect of shipping fuels from its Jamnagar refinery to Karachi. IndianOil had even priced its diesel some 60 cents a barrel cheaper than Kuwaiti supplies. But Islamabad refused to budge.
Oil industry executives raised doubts over the viability of exporting diesel to Pakistan. "Their national oil company is nearly bankrupt. An Indian exporter may face payments risks," one executive said.
What may still change the situation is the fact that India is now signatory to two transnational gas pipelines from Iran and Turkmenistan -- through Pakistan territory. In 2004, Pakistan had set the condition that India accepts Pak transit for these pipelines before allowing diesel from India to flow.
Indian diesel banned in Pakistan - The Times of India
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