UAE's Adnoc to store crude in India's strategic facility; to give two-third of oil for free

[Roybot]

 

[The Eagle]

The Shaikh know what exactly to do. There is nothing in this world without benefits so does the same applies here though for the time being it looks like total tilt towards India but in reality there will be things that we may become aware but soon not at this time. So also, business is business and cup of tea is cup of tea so they are doing business but people trying hard to prove it total shift of relations towards India, which is indeed nothing but a fantasy I bet.

 

[Roybot]

probably the new itself a hoax nothing more, there is no sense in this news that UAE want store their oil in India. And as a rent 67% oil India will get and rest 33% will cover only the cost of transportation and production...It is laughable argument...why not they simply announce free oil for India....

Dil ko behlane ke liye yeh khayaal acha hai Ghalib

 

[The Eagle]

@MaarKhoor i am having issues to quote anyone, even can not edit my post. Pardon me ... last post was to quote you.

 

[Maarkhoor]

Dil ko behlane ke liye yeh khayaal acha hai Ghalib

Yes wohi tou...Indians ko UAE walay bass lollypop hi dey rehy hien...Since their oil trade is already suffering how can they suddenly become so generous to announce free oil to India...Remember only Abu Dahbi producing enough oil to export rest of the states even not fulfill their own needs and Abu Dahbi is not a big oil producing country.

@MaarKhoor i am having issues to quote anyone, even can not edit my post. Pardon me ... last post was to quote you.

I am having same problem.

 

[Roybot]

Yes wohi tou...Indians ko UAE walay bass lollypop hi dey rehy hien...Since their oil trade is already suffering how can they suddenly become so generous to announce free oil to India...Remember only Abu Dahbi producing enough oil to export rest of the states even not fulfill their own needs and Abu Dahbi is not a big oil producing country.


I am having same problem.

Read this post by @PARIKRAMA

UAE's Adnoc to store crude in India's strategic facility; to give two-third of oil for free | Page 3

Here is why UAE's ADNOC will give India two-thirds oil for free | Latest News & Updates at Daily News & Analysis

 

[Maarkhoor]

Read this post by @PARIKRAMA

UAE's Adnoc to store crude in India's strategic facility; to give two-third of oil for free | Page 3

No need, since i am not considering final authority. Only fools can believe this idiocy.

End of my posts on this thread. Pls no more quotes.
regards,

 

[Roybot]

India set to ramp up oil imports from UAE | GulfNews.com

 

[Mr.Nair]

UAE-India bilateral trade continued to grow in strength with Indian exports of goods and commodities expected to surge to USD 100 billion

@MaarKhoor @Beef Bhaijan @Areesh

 

[Mr.Nair]

Nobody gives a f*ck.

You don't do, but your media are very concerned

 

[Mentee]

is he the gurgush guy?, doesn't he look like a velociraptor @jamahir

 

[jamahir]

is he the gurgush guy?, doesn't he look like a velociraptor @jamahir

he does look like a ancient dino bird.

 

[Mentee]

he does look like a ancient dino bird.

he scared the-------- me for a moment

 

[jetray]

If UAE is going to store oil in india it means they are going to co-operate with India closely. It also means UAE will not tolerate terrorist attacks on indias infra or on its investments in india.

 

[Kyusuibu Honbu]

It's a good time to fill those strategic reserves as prices are low......

Strategic reserves have been our biggest concern

I remember reading an article India's strategic reserves were only sufficient for 14 days of supply for the nation

http://timesofindia.indiatimes.com/...serve-by-October-2011/articleshow/5811837.cms

India, which is 75 per cent import dependent to meet its crude oil needs, is building under-ground storages at Visakhapatnam in Andhra Pradesh and Mangalore and Padur in Karnataka to store about 5.33 million tons of crude oil. This is enough to meet nation's oil requirement of 13-14 days.