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Hi,Tribune.com.pk ....... these are the monkeys on GHQ payroll claiming this and are writing a fraud story.
Hi,Probably due to people not knowing that Russia changed the Urals blend after the U.S. stopped buying heavy crude from Russia.
The time this was talked about was the beginning of the Ukraine escalation, and it was not widely known at that time.
Hasn't that been around for more than a good year and half now? And it is largely attributed to Russia voluntarily cutting Ural's output from high sulfur regions?
Hi,The time this was talked about was the beginning of the Ukraine escalation, and it was not widely known at that time.
The quote you show is specifically from within a few months of the escalation in 2022.
Not sure what you are trying to argue here.Hi,
Yes, it was first reported back by Reuters in June 2022, and was partially attributed to lack of production from higher sulfur content fields.
"Urals oil loading from Primorsk port is sweeter with the sulphur content falling to 1.59% for cargoes loading in May-June on average, while in January the content from the cargoes was at %1.64 on average, according to the sources’ data. The crude was also slightly lighter with an average gravity of 30.1 degrees API in May from 29.8 degrees in January.
API gravity is a commonly used scale for measuring the density of crude oil. Higher numbers correspond to lighter crude.
Urals oil volumes loading from Ust-Luga and supplied to Europe via the Druzhba pipeline have also seen sulphur content slip to %1.66 on average in May-June from above %1.7 in January this year. Gravity rose slightly, from 30.3 degrees API to 30.6, according to the data.
Urals oil exported from Black Sea Novorossiisk was also sweeter in May-June compared to January, according to the data. Sulphur content in these barrels fell to 1.42% from 1.55% early in the year. The crude was also lighter: gravity rose to 30.65 degrees API in June from 29.5 in January.
Possible quality change also could come from curbs to oil production on certain fields, which provide lower quality crude, two other traders said.
“We saw a decline of output in Bashkortostan and Tatarstan regions that produce high-sulphur heavy oils in April-May, which could help the quality”, one of the traders said."
Russia has been improving the quality of its flagship Urals crude oil export, making the heavily-discounted grade even more attractive to buyers in Asia who have been snapping it up, data obtained by two industry sources and seen by Reuters showed.www.reuters.com
For people not updated on Oil & Gas industry, it might be a surprise, but for Pakistan's Petroleum Ministry & the Government, that spent all its energies, first trying to prove, in vain, that Pakistan Refiners can't technically refine Russian crude, then hiding behind US & EU sanction's mantra, it's criminal negligence (to say the least), for which the common Pakistani paid exuberant higher cost for petroleum products and power, crippling Pakistan's fragile economic infrastructure. They are still explicitly importing Crude Oil & have not negotiated a discounted deal for Russian refined petroleum products (Gasoline, Diesel, LPG e.t.c) which should have given masses instant relief, but would have negatively impacted business interests of some quarters involved in smuggling products from our Western neighbor.
For March 2023, following Urals quality was accessed by Platts.
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there is no proof Imran Khan was ousted because of his Moscow trip. His trip was scheduled before the Ukraine war.Remind us all again why you wanted to depose of Imran Khan if at the end you were going to Moscow anyway?
This is how backwards and shortsighted GHQ is.…I’d be surprised if they even had a plan beyond 6 months from now.
The Pakistani Military Establishment is in charge of Pakistan's foreign policy.Hi,
Care to explain further? Why exactly it can't be done earlier?
Really? Some reference will be much appreciated. The thread isn't about IP, but would love to know why do you think IP (in its current aggrement) was good for Pakistan and Pakistan's consumers?when he was the main reason why the Iran compressed natural gas pipeline was stopped.
We would be rehashing our earlier conversation about this.Really? Some reference will be much appreciated. The thread isn't about IP, but would love to know why do you think IP (in its current aggrement) was good for Pakistan and Pakistan's consumers?
Hi,The Pakistani Military Establishment is in charge of Pakistan's foreign policy.
The formal political process is simply a mask.
I'm suggesting that the timeline of events would probably be identical to the current one.
This issue is entirely in the foreign policy domain, so it's entirely in the Pakistani Military Establishment's remit.
Had this been a domestic issue, it might have a different timeline.
We would be rehashing our earlier conversation about this.
You will say that the sweetheart LNG deal is way better and that the loose commodity trader contract was even better and that it was impossible to predict that the LNG price would ever spike enough to invalidate the usefulness of it.
I will say that the prices for the LNG was never going to be low for all that long, and that pipelined compressed natural gas will intrinsically be more cost efficient, as pipelined compressed natural gas is not only a liability on the purchaser, but also the seller, which essentially makes it always economical.
And that's before talking about transit fees earned to India/China.