Barter Trade with Iran

[FuturePAF]

The Current visit by Prime Minister Imran Khan to Iran lead to an agreement/understanding that both sides would like to increase their bilateral trade. Iran looks to be open to ways to get something for its oil and gas exports to keep its country and government running. Pakistan is also in need for oil and gas, but I think it is really the electricity that can be generated by the oil and gas supplies. equally, with China opening up its market to Pakistan without tariffs, Pakistan needs to move fast and get its factories and farms up an running.

These three countries also don't want to hurt relations with other nations, and Pakistan in particular does not want to alienate its Arab allies by importing Iranian Oil and Gas.

As a potential expansion of the One Belt One Road initiative, should China be the middle man, and set up power plants in Iran; for Export of electricity to Iran's neighbors. One customer would be Gwadar, and an extension of the line to Karachi and the Pakistani national grid.

With Iran having a lot of supply but limited customers, it could sell electricity at lower prices then others, and it would be win win for both sides.

Now on to payment, Pakistan and other nations would not pay in cash, and merely barter for the electricity with their own local products. Pakistan could export Agricultural products, clothing, etc. While Chinese customers in Gwadar could sell products they make in factories there or have imported directly from China. This would solve the affordable electricity issue for Gwadar and Pakistan, while also creating business for Gwadar.

Turkey, Iraq, Afghanistan, the Central Asian Nations, Syria and Lebanon through Iraq could do this.

P.S. Iran could also Barter for access to trans-shipment over rail through its territory. Lowering shipping cost to and from Europe to the Middle East, Central Asia, and South Asia

None of the products supplied to Iran could be used to support Iran's military activities and would only be of a humanitarian nature; such as food products.

 

[war&peace]

No, Iran is under sanctions and we should not invite unnecessary trouble for us

 

[Indus Pakistan]

No, Iran is under sanctions and we should not invite unnecessary trouble for us

You are aware that people in this forum think Iran is in bed with Israel, USA against Saudia Arabia and the Muslim world.

 

[war&peace]

You are aware that people in this forum think Iran is in bed with Israel, USA against Saudia Arabia and the Muslim world.

Whatever, they are not worth taking any risk for. We need to find out the culprits behind attack on Mufti Taqi Usmani, Hazar Ganji and Ormara.

 

[Indus Pakistan]

Whatever, they are not worth taking any risk for. We need to find out the culprits behind attack on Mufti Taqi Usmani, Hazar Ganji and Ormara.

Iran is about to be screwed over by USA and dumped on by India. Things are grim inside Iran. There is much resentment, factionalism, inflation that is hurting the poor. The situation is ripe for Pakistan to extract the max out this emerging situation.

And this electricity idea by OP is brilliant out of box thinking. Electricity for rice, cotton goods etc from Pakistan.

 

[war&peace]

Iran is about to be screwed over by USA and dumped on by India. Things are grim inside Iran. There is much resentment, factionalism, inflation that is hurting the poor. The situation is ripe for Pakistan to extract the max out this emerging situation.

And this electricity idea by OP is brilliant out of box thinking. Electricity for rice, cotton goods etc from Pakistan.

I really don't want another war in the region and I don't want any harm to Iran either but I want all the culprits of terrorist attacks in Baluchistan be punished whether they came from Iran or NDS.

 

[Mav3rick]

Perhaps we should ask Iran to offer Oil/Gas at subsidized rates (60%-70%) of OPEC rates. The trade could be in barter but we will have to find USD 10 Billion worth of goods that we can export to Iran for barter of Oil & Gas. We can also buy electricity in the short term (10-20 years) until we deploy our own generation facilities (mostly renewable hopefully).

 

[ARMalik]

We need to realize that Iran and Pakistan share a border, and they do not need a 'Pipeline' to export/import oil. What I mean is that if Iran is willing to export oil at half the price of international market to Pakistan, then oil can be transported via trucks and other vehicles using back lanes - it is not hard.

 

[Indus Pakistan]

I really don't want another war in the region and I don't want any harm to Iran either but I want all the culprits of terrorist attacks in Baluchistan be punished whether they came from Iran or NDS.

No, idea how that is relevant to the thread at hand. I would think you would want all terrorists of all shades causing mayhem in Pakistan, including and not limited to the slow motion genocide of the Hazara community. If the Swedish far right even killed one Muslim every month you would be up in arms yet there seems decidely slience when 1,000s of Hazara have been killed. If you do the maths ~ that is deaths against number of Hazaras in Pakistan you will see it amounts to a genocide.

 

[Sineva]

No, Iran is under sanctions and we should not invite unnecessary trouble for us

Well,I guess then you can enjoy your 4.5 gigawatt[4500 megawatts] shortfall in electricity production and all the economic losses and social problems that it imposes then,cant you?
Or maybe just for once pakistan could actually put its OWN interests first for a change,rather than those of the west and the gulfies,and finish its part of the ip pipeline and with all of the gas that it would supply then pakistan could have the chinese build it gas fired power plants in pakistan that could generate all of that much needed electricity......or you could just continue to enjoy those power cuts in the middle of summer I`m suppose..
I`m sure your good western and gulfie "friends" will appreciate your needless suffering on their behalf.......or not[lol!]
Have a nice day

 

[war&peace]

No, idea how that is relevant to the thread at hand. I would think you would want all terrorists of all shades causing mayhem in Pakistan, including and not limited to the slow motion genocide of the Hazara community. If the Swedish far right even killed one Muslim every month you would be up in arms yet there seems decidely slience when 1,000s of Hazara have been killed. If you do the maths ~ that is deaths against number of Hazaras in Pakistan you will see it amounts to a genocide.

Yes, Irani Villayti Mullah should stop killing Hazaras and recruiting them for their terrorism in Syria and Yemen.

 

[Indus Pakistan]

We need to realize that Iran and Pakistan share a border, and they do not need a 'Pipeline' to export/import oil. What I mean is that if Iran is willing to export oil at half the price of international market to Pakistan, then oil can be transported via trucks and other vehicles using back lanes - it is not hard.

I agree. Good opportunity is around the corner. People all too often ignore one jarring reality. Money. You need it and governments need it. Iran just like Pakistan needs it. The single biggest source of revenue for Iran is oil, about $50 billion a year. There is nothing superior about our oily neighbours and that includes Arabs/Iranians. The only thing differant is they have oil which allows them to act big and look down at us.

Right now Trump knowing that money underpins everything is about to strangle Iran. The oil sanctions have already reduced Iranian income by $10 billion. Right now US has refused to extend anymore waivers to India, China, Turkey etc. This means they will not buy Iranian oil from May 2nd. That is going to have catastrophc effect on Iran. They could lose that $50 billion leaving them even more bankrupt then Pakistan. That offers Pakistan fantastic opportunity to use this to our advantage.

By the way Trump has done his homework. I saw a interview of his advisor on Iran. US knows that India, China etc need to buy oil from somewhere. So Trump has worked with Saudia Arabia and UAE to prepare extra oil and come this May they will pump out extra oil to offset Iranian oil. USA gets Iran screwed, Saudia gets Indian, Chinese markets.

Things are not looking good for Iran. This means Pakistan is in a position to leverage the situation. And India can kiss goodbye to that wet dream called 'Chah Bahar'.

@Tom M

 

[Mamadouso]

I am amazed Pakistan has not taken advantage of being a border country to a major oil producer, and yet still pays to ship over from the Gulf.

There must be a reason why it does not happen, it makes too much sense to have not been done.

 

[Sineva]

We need to realize that Iran and Pakistan share a border, and they do not need a 'Pipeline' to export/import oil. What I mean is that if Iran is willing to export oil at half the price of international market to Pakistan, then oil can be transported via trucks and other vehicles using back lanes - it is not hard.

And why would iran do that?,I mean whats in for iran?...apart from subsidizing oil sales to pakistan,which costs iran money,it offers little of any real economic value to iran.
Also wheres pak going to get all of the massive numbers of oil tanker trucks that it would need to try and carry out this scheme from...china?.Not to mention that what amounts to basically an oil smuggling scheme of this size would be easily detected by the us,thats assuming that someone in the pakistani government didnt leak the plan to them before it even got underway of course.Also theres a little matter of payment,hows pak going to do that...stick the money in the empty tankers going into iran perhaps[lol!].If its going to be through a barter arrangement then what does pak have that iran needs and cant get via anyone else?
Theres a basic reason why pipelines are the preferred method for these sort of energy transfers,its called economics.
As always with this sort of thing pak has a simple choice,it can either put its own interests first or it can put western and gulfie interests first,if it wants energy from iran all it needs to do is have the courage to put its own interests first for a change,the ip pipeline is still there all it would take is for pakistan to have the political will to finish its section of it.Its really just that simple.

 

[Irfan Baloch]

You are aware that people in this forum think Iran is in bed with Israel, USA against Saudia Arabia and the Muslim world.

those guys are jokers
sectarianism blinds them due to anal problem they have.
Iran is as crook or saint as KSA or Sweden for all I know and care. their interest starts and ends with their own country.

I am amazed Pakistan has not taken advantage of being a border country to a major oil producer, and yet still pays to ship over from the Gulf.

There must be a reason why it does not happen, it makes too much sense to have not been done.

political reasons
our previous government of Noon cancelled the pipeline deal.
the constant terrorism by Indians and Americans ensures that no such trade link via pipes or roads etc will be safe

I agree. Good opportunity is around the corner. People all too often ignore one jarring reality. Money. You need it and governments need it. Iran just like Pakistan needs it. The single biggest source of revenue for Iran is oil, about $50 billion a year. There is nothing superior about our oily neighbours and that includes Arabs/Iranians. The only thing differant is they have oil which allows them to act big and look down at us.

Right now Trump knowing that money underpins everything is about to strangle Iran. The oil sanctions have already reduced Iranian income by $10 billion. Right now US has refused to extend anymore waivers to India, China, Turkey etc. This means they will not buy Iranian oil from May 2nd. That is going to have catastrophc effect on Iran. They could lose that $50 billion leaving them even more bankrupt then Pakistan. That offers Pakistan fantastic opportunity to use this to our advantage.

By the way Trump has done his homework. I saw a interview of his advisor on Iran. US knows that India, China etc need to buy oil from somewhere. So Trump has worked with Saudia Arabia and UAE to prepare extra oil and come this May they will pump out extra oil to offset Iranian oil. USA gets Iran screwed, Saudia gets Indian, Chinese markets.

Things are not looking good for Iran. This means Pakistan is in a position to leverage the situation. And India can kiss goodbye to that wet dream called 'Chah Bahar'.

@Tom M

we will need guts of steal political stability
Noon and PPP might offer their honor (I am not using any vulgar words for the purpose of decent debate) to make troble for PTI and make it fall so that no such deal goes through
our agencies and army will need vigilance against planned terrorism against any such activity in Baluchistan specially.