Saudi Aramco to invest $15 billion in oil to chemicals business: Mukesh Ambani

[Indus Pakistan]

The reality is I said this tragedy with Kashmir could be a opportunity for Pakistan. After long last they might learn that there is NOTHING like ummah. The only thing that matters to countries is NOT shared religion but self interest and profit/loss.

Both Pakistan and even Iran need to learn that. Pakistani's have been kicked in the testicles by KSA, UAE and others over Kashmir as non have bothered to to anything about it. Their economic interests with India matter more then the genocide of the Kashmiri's. The fact that religion has no bearing is obvious. China a athiest country has been the most animated over Kashmir. We saw how FM SMQ went to Beijing. He did NOT go to Dubai, Riyad or Tehran.

Iranian mullahs also have got a kick in their gonads by Modi. India has [despite so many Indian members pontificating in this very forum that India does not bend to US pressure] stopped buying Iranian oil. Yes India is NOT buying Iranian oil.


https://www.business-standard.com/a...y-with-us-sanctions-envoy-119052400105_1.html


So is there a ummah? Yes.


Profit/Loss Ummah.

 

[maximuswarrior]

The reality is I said this tragedy with Kashmir could be a opportunity for Pakistan. After long last they might learn that there is NOTHING like ummah. The only thing that matters to countries is NOT shared religion but self interest and profit/loss.

Both Pakistan and even Iran need to learn that. Pakistani's have been kicked in the testicles by KSA, UAE and others over Kashmir as non have bothered to to anything about it. Their economic interests with India matter more then the genocide of the Kashmiri's. The fact that religion has no bearing is obvious. China a athiest country has been the most animated over Kashmir. We saw how FM SMQ went to Beijing. He did NOT go to Dubai, Riyad or Tehran.

Iranian mullahs also have got a kick in their gonads by Modi. India has [despite so many Indian members pontificating in this very forum that India does not bend to US pressure] stopped buying Iranian oil. Yes India is NOT buying Iranian oil.


https://www.business-standard.com/a...y-with-us-sanctions-envoy-119052400105_1.html


So is there a ummah? Yes.


Profit/Loss Ummah.

It is all about material gains and losses. Nothing else matters. Be it Hindu, Muslim or Christian.

 

[Taimoor Khan]

@MastanKhan @Taimoor Khan @Vapnope @Irfan Baloch @Humble Analyst


Saudi Aramco to invest in Reliance’s oil business at a valuation of $75 billion

India’s richest man, Mukesh Ambani, announced a monster of a business deal today (Aug. 12).

Saudi Arabia’s state energy group, Saudi Aramco, is set to acquire a 20% stake in his Reliance Industries’ (RIL) oil-to-chemical business for an enterprise value of $75 billion, Ambani said.

“This is the biggest foreign investment in the history of Reliance and one of the largest investments for India,” said the RIL Chairman and Managing Director at the company’s 42nd annual general meeting. “Saudi Aramco will supply 500,000 barrels of crude oil every day to Reliance Jamnagar refinery, after taking a stake.”

RIL’s Jamnagar refining complex in Gujarat has a capacity to process 1.4 million barrels per day (BPD) and the company plans to expand its capacity to two million BPD by 2030, Ambani announced.

https://qz.com/india/1685878/mukesh-ambani-says-saudi-aramco-to-invest-75-billion-in-reliance/

Timing is indeed raising eye brows in Pakistan at a time when war as an option over Kashmir is not ruled out, how wise it is to invest in India at this time of sever hostilities!?

I have mentioned this else where yesterday, Pakistan refusal to be part of any conflict with Iran has made GCC to made these kneejerk reactions. Pretty amateur I must say.

 

[Dubious]

Saudis to Buy Reliance Oil Refining Stake for $15 Billion not 75 you bong retard

indian papers need to appease their readers...they are very down in morale

 

[Indus Pakistan]

It is all about material gains and losses. Nothing else matters. Be it a Hindu, Muslim or Christian.

Like I said.


Profit/Loss Ummah.

 

[Dubious]

anyway these here injuns are trying to drive a wedge between Arabs and Pakistan, some dumfecks fall for it every time

Bingo!

They want us to suspect and fight with our allies....Over something as simple as business?!
What they dont understand is any increase in business of a brother, helps the other brother (when in need) too


So it starts at 75 billion, gets reduced to 15 billion and now is coming down to million (all in less than a day?)? Whats happening? Devaluation of indian rupee?

 

[Yankee-stani]

Why I am mentioned I have stated my disdain for the Gulfie Arabs on this fourm and irl in for years no need to make us salty over stuff like that

 

[doorstar]

So, only the oil to chemical business of Reliance is valued at 375 billion dollars

Bingo!

They want us to suspect and fight with our allies....Over something as simple as business?!
What they dont understand is any increase in business of a brother, helps the other brother (when in need) too


So it starts at 75 billion, gets reduced to 15 billion and now is coming down to million? Whats happening? Devaluation of indian rupee?

it is 15 billion, project value is 75 billion

 

[Indus Pakistan]

I suspect he got misused/abused by some molvi in an Arab run madrasa, so he keeps on ranting against religion (and Arabs)

Can you please take action against the member for turning this discussion into a ad hominem. Or are your moderation powers just there for you to peddle your side of the argumant?

@Dubious @Oscar

 

[Dubious]

@doorstar no personal jibes put him on the ignore list if he is too much to handle

 

[Minho]

I hope this comment is a joke. If only things worked that way but alas, diplomacy exists. You will have a hard time asking anti India favours from arab nations. OIC is already toothless. Now this

 

[maximuswarrior]

Timing is indeed raising eye brows in Pakistan at a time when war as an option over Kashmir is not ruled out, how wise it is to invest in India at this time of sever hostilities!?

I have mentioned this else where yesterday, Pakistan refusal to be part of any conflict with Iran has made GCC to made these kneejerk reactions. Pretty amateur I must say.

I believe this has more to do with business deal. I don't think Yemen or Iran has anything to do with this.

 

[Minho]

WSK, is disappointing us with his very low quality journalism. It is $75 million NOT billions. The moron does not know the difference. $75 billion is multiple times more than the totally value of the company in question while KSA purchased only 20% of the shares.

BTW, this is his second tweet in two days that raises suspicions.. Just a day earlier, he tweeted about the informal orders to move forward and we tried to interpret it positively. Is he drunk or what?

@Alternatiiv @Smoke

Do you have any idea about petrochemical industries ? You know about Reliance ? You know that Mukesh Ambani is the richest man in asia ? Must be hard to comprehend a valuation of $75 billion.

 

[war&peace]

Do you have any idea about petrochemical industries ? You know about Reliance ? You know that Mukesh Ambani is the richest man in asia ? Must be hard to comprehend a valuation of $75 billion.

So Arab Muslim are buying Mukesh Ambani? Well that's new kind of slavery

 

[Dubious]

I hope this comment is a joke. If only things worked that way but alas, diplomacy exists. You will have a hard time asking anti India favours from arab nations. OIC is already toothless. Now this

Dont worry...Being Arab's slave/ colony will have its ups too

Saudis are wasting their money by investing it in sh1th0l3 of India.

Not really....they need colonies and slaves to build their economy!