

“In the case of Chabahar, I know we always like to beat up on ourselves. But to be very honest a lot of the problems were because the Iranians kept changing the terms of the agreement. I mean they changed it in very fundamental ways at least about three times in the last three years,” Dr. Jaishankar said while delivering the ‘Jasjit Singh memorial lecture on national security’ organised by the Centre for Air Power Studies.
http://www.abc.net.au/news/2018-07-27/d ... y/10037728shyamd wrote:Indian move is because Trump admin are plotting war with Iran - there is no room for negotiation on cutting oil. First step is to bleed iran of funds, pressure trading community and minorities to create unrest.
Iran is swiftly losing its friends - most recently PRC rebuked Iran for threatening to close the straits. Iran has been put on notice. Iran's only choice is to conduct covert negotiations.
Tensions are running high in the region. Smaller neighbouring states sending senior diplomats flying urgently to DC, EU, PRC and New Delhi to discuss these issues and the new strategic realities in the region (read KSA-UAE alliance).
Expect India to be called to keep it's commitments to keep the straits open. There will be a ramp up of mil presence in the region.
https://www.zerohedge.com/news/2018-07- ... -bomb-iranSenior figures in the Australia's Turnbull government have told the ABC they believe the US is prepared to bomb Iran's nuclear capability. The bombing could be as early as next month. —ABC report
Tanvi Madan@tanvi_madan
Jul 19
Tanvi Madan Retweeted Shashank Joshi
Tehran's given Delhi a tough time over Chabahar, E&P contracts, Iran-Pakistan-India pipeline, oil supply, 25-yr gas deal - over price, terms, &/or whether/how India votes. Then there's Afghanistan, Isr diplo attack in Del. Wldn't know this from some Ind press coverage it getsShashank JoshiVerified account@shashj
Former Indian foreign secretary S Jaishankar: "In the case of Chabahar, I know we always like to beat up on ourselves. But to be very honest a lot of the problems were because the Iranians kept changing the terms of the agreement"Shashank Srivastava@shanks1234567
Replying to @tanvi_madan @jmohanmalik
There are no long term gains from helping / siding with Iran. A troubled economy can’t help anyone. As for Afghanistan, it is for them to exert pressure on Iran so that chabahar is a success.
8:59 PM - 19 Jul 2018
Not to excuse the Iranian behavior but if India was manipulated so easily then why is the project fallen so behind on most parameters and most of the associated projects remain only on paper?chetak wrote:iran has been blackmailing India for the longest time and India has been very foolishly using the "ancient civilizational ties" BS to gloss over this fact. [The talk of "ancient civilizational ties" may be BS but till the GOI understands that it is all right. Such BS is part and parcel of diplomacy to gloss over cracks. You name a country and I will show you similar BS. Sri Lanka, Nepal, China and America to name just a few.]
It foolishly gave iran a big stick in chabahar to beat India with, without first ensuring safeguards and guarantees. Its high time that India reviewed this arrangement to its own benefit. [Chabhar is not a big stick to beat India. India has a far bigger sticks to bear Iran. Oil imports are one. There are others. Diplomacy is art of trade-offs where you risk a little for a little gain elsewhere. In one previous incarnation of western sanction did Iran not holdhalfa portion of their oil revenues with an Indian bank in Indian Rupee in India. Was that not leverage? How do we make assessment based on partial facts?]
Bringing in the hans and the pakis into chabahar is not the action of a friendly country and it is vital that India understands this fact without always peering at the wretched Islamic country through rose-tinted glasses. [If Chabhar port is not strategic but an economic project why would we object to a han or baki presence. As an economic project it makes sense to bring in as many party as possible. Unless it it turned over to the Hans as a STRATEGIC port there should be no concern but Hans already have Gwadar/Jigani/<<Whatever>> for that purpose.]
We are past masters at fooling ourselves and it is a national failing.
Just like nehru and chins in 1962.
iran brazenly manipulates India through it's local shia population including frequently planting shady stories in the DDM, using the presstitute media.
We have also failed to leverage afghanistan into pressurizing iran on chabahar.
Who every is giving POTUS that shit piece of advice and I think it Nutanyahoo it would be a grave mistake and ruin POTUS chances of winning next election in 2020.Neshant wrote:US Preparing To Bomb Iran's Nuclear Capabilities As Soon As Next Month: Report
https://www.zerohedge.com/news/2018-07- ... -bomb-iranSenior figures in the Australia's Turnbull government have told the ABC they believe the US is prepared to bomb Iran's nuclear capability. The bombing could be as early as next month. —ABC report
it is the manipulation of Indian media that has prevented the real picture from coming out.pankajs wrote:Not to excuse the Iranian behavior but if India was manipulated so easily then why is the project fallen so behind on most parameters and most of the associated projects remain only on paper?chetak wrote:iran has been blackmailing India for the longest time and India has been very foolishly using the "ancient civilizational ties" BS to gloss over this fact. [The talk of "ancient civilizational ties" may be BS but till the GOI understands that it is all right. Such BS is part and parcel of diplomacy to gloss over cracks. You name a country and I will show you similar BS. Sri Lanka, Nepal, China and America to name just a few.]
It foolishly gave iran a big stick in chabahar to beat India with, without first ensuring safeguards and guarantees. Its high time that India reviewed this arrangement to its own benefit. [Chabhar is not a big stick to beat India. India has a far bigger sticks to bear Iran. Oil imports are one. There are others. Diplomacy is art of trade-offs where you risk a little for a little gain elsewhere. In one previous incarnation of western sanction did Iran not holdhalfa portion of their oil revenues with an Indian bank in Indian Rupee in India. Was that not leverage? How do we make assessment based on partial facts?]
Bringing in the hans and the pakis into chabahar is not the action of a friendly country and it is vital that India understands this fact without always peering at the wretched Islamic country through rose-tinted glasses. [If Chabhar port is not strategic but an economic project why would we object to a han or baki presence. As an economic project it makes sense to bring in as many party as possible. Unless it it turned over to the Hans as a STRATEGIC port there should be no concern but Hans already have Gwadar/Jigani/<<Whatever>> for that purpose.]
We are past masters at fooling ourselves and it is a national failing.
Just like nehru and chins in 1962.
iran brazenly manipulates India through it's local shia population including frequently planting shady stories in the DDM, using the presstitute media.
We have also failed to leverage afghanistan into pressurizing iran on chabahar.
It is not the manipulation through planted stories via DDM that give Iran the leverage. It is our reaction to those slanted/planted stories without analyzing the facts leading to an unthinking outrage that gives Iran whatever little leverage it has with India. We, in India, have this sky is falling narrative for every small deviation from our imagined path to global nirvana.
We have strange notions of economics, diplomacy and leverage.
Official confirmation from Aussie neuj paper!! Nice. Aussies becoming good at peddling quality Turn-bull$hit down and under. ABC is gov funded, but independent...
http://www.abc.net.au/news/2018-07-27/d ... y/10037728
First official confirmation of trump admin plans to strike
Iran offers oil cargo insurance, ships to India after indian Insurers withdrawIran is offering to insure oil cargoes to India after some local insurers stopped providing the service in the face of impending US sanctions
[...]
Tehran recently insured oil cargoes to India in tankers operated by National Iranian Tanker Company (NITC)
[...]
Indian Oil (IOC) and Bharat Petroleum (BP) have started lifting Iranian oil in NITC-owned vessels with the cargoes covered by Iranian insurance, sources said. IOC, last week lifted oil in Very Large Crude Carrier Devon after United India Insurance refused to provide cover for the shipment. IOC is seeking to buy August cargoes from Tehran on similar terms, with Iran responsible for the delivery to Indian ports.
A source at United India Insurance confirmed the company has stopped providing insurance cover for Iranian cargoes.
State-run insurers rely on reinsurance from India’s General Insurance Co (GIC), which in turn depends on companies in both Europe and the US to hedge its risk.
Iranians have this vision of greatness of the past Persian empires and they try playing games to get the upper hand. India plays its own games based on its own interests.chetak wrote:it is the manipulation of Indian media that has prevented the real picture from coming out.pankajs wrote: Not to excuse the Iranian behavior but if India was manipulated so easily then why is the project fallen so behind on most parameters and most of the associated projects remain only on paper?
It is not the manipulation through planted stories via DDM that give Iran the leverage. It is our reaction to those slanted/planted stories without analyzing the facts leading to an unthinking outrage that gives Iran whatever little leverage it has with India. We, in India, have this sky is falling narrative for every small deviation from our imagined path to global nirvana.
We have strange notions of economics, diplomacy and leverage.
iran a a piddly country so very full of itself. We need to put it in its place. As customers with enormous clout and reliability in the petroleum space we are not lacking for suppliers. [Not a very helpful strategy. Iran may be piddi but its importance comes from what we want from it and also from what we want to prevent it from doing. E.g. Becoming FULLY dependent on China. Depending on the time, place, our interests and this countries options we tailor our response even with *piddy* countries. Case in point Maldives.]
iranian crude is actually sold at a discount because it is so difficult to process.
we are so very reluctant to break eggs even when omelettes are to be made. [My previous comment especially wrt China. We do what we can and stay engaged rather than act all haughty and walk off the field and giving the other competitor a walk over. My be China will eventually win Iran over from India but that does not mean that we give them a walk over.]
They led us on when we wanted to invest in their gas fields. these islamic buggers are, as usual, looking for a free ride. They have pulled out the rug from under us on numerous occasions. [True, but we have yet to even begin thinking on the followup projects like the Aluninium plant or the Fertilizer plant that was supposed to come up in a free trade zone next to the port and supplied by the gas field.]
Their support for the pakis is undiminished, despite the so called sunni shia divide.
I think insurance and trading in US dollars go hand in hand. The same firms who provide banking services(LoC) to this trade may also be responsible for providing freight and insurance. A single package - finance, logistics and insurance.Rahul M wrote:What ?? What has this got to do with the navy ? The article is talking about insurance risk. At least try to comprehend before asinine dhoti shivering.
A lot of the iranian oil is processed by reliance.nandakumar wrote:The importance of Iranian oil comes from the fact that currently global oil market is tightly balanced with supply disruptions from Venezeula, Libya and Nigeria. The American sanctions against threatens to pull out 3 million barrels per day of oil that cannot be made good from supply elsewhere. Hence Iranian oil is important. Oil cargo has to be insured. It is customary for insurance companies to hedge their risk by reinsuring a part of their exposure with a reinsurance company. Companies such as MunichRe and SwissRe do a lot business with American insurance companies. So they may not offer reinsurance to Indian insurance companies fearing the loss of lucrative American market. Additionally, Indian insurance companies too fear loss of insurance business from Indo American trade should US sanction these companies as well.
Having said that, the Iranians are being too clever by half offering insurance through their own insurance companies. This is not much of an offer for importers such as IOC. The Iranian insurance companies do not have much of a business reputation to protect. So it is tempting for them to repudiate claims on some flimsy ground and oil importers will have no recourse. Secondly even if they settle claims they have no foreign exchange with which to settle. This is therefore an useless offer. If Iranians were serious they should offer to deliver oil on a cost plus insurance basis delivery at any of the Indian ports rather than FOB Iranian port.
Iranian insurance may be the kind where they collect the premium but if the oil tanker gets wrecked, they may not pay up.nvishal wrote:Iran is offering to insure oil cargoes to India after some local insurers stopped providing the service in the face of impending US sanctions
We should be interested in war booty and hopefully get 30% of their energy resources . Otherwise India can hurt Sunni cause by supplying right Maal to Mullas.Neshant wrote:India should plan what its response will be if and when Iran is attacked.
nvishal wrote:Pathetic state of affairs. When phattu indian insurers got frightened, the iranians have offered to give insurance and ships from their side.
Iran offers oil cargo insurance, ships to India after indian Insurers withdrawIran is offering to insure oil cargoes to India after some local insurers stopped providing the service in the face of impending US sanctions
[...]
Tehran recently insured oil cargoes to India in tankers operated by National Iranian Tanker Company (NITC)
[...]
Indian Oil (IOC) and Bharat Petroleum (BP) have started lifting Iranian oil in NITC-owned vessels with the cargoes covered by Iranian insurance, sources said. IOC, last week lifted oil in Very Large Crude Carrier Devon after United India Insurance refused to provide cover for the shipment. IOC is seeking to buy August cargoes from Tehran on similar terms, with Iran responsible for the delivery to Indian ports.
A source at United India Insurance confirmed the company has stopped providing insurance cover for Iranian cargoes.
State-run insurers rely on reinsurance from India’s General Insurance Co (GIC), which in turn depends on companies in both Europe and the US to hedge its risk.
One wonders what the indian navy is doing in the arabian sea. Maybe they are focusing on somalian pirates. Meanwhile, indian insurers are depending on western security firms to secure oil trade from the middle-east to india. Indian navy waala shayad boltai, "nai nai, yeh hamara kaam nai hai". Phir kiska kaam hai yeh, hain?
Indian insurers will lose valuable business in other markets if they continued to insure iranian cargo and so they took a risk based business decision which incidentally is the ONLY correct decision.Pathetic state of affairs. When phattu indian insurers got frightened, the iranians have offered to give insurance and ships from their side.
According to many reports, the saudis have paid thru their noses for a paki nuke "umbrella" and per some reports have, long ago, already acquired cheeni missiles with nuke warheads presently sited on saudi soil with cheeni operators.nvishal wrote:^ The shias acquiring nukes broke the balance in the middle-east and in favour of shias. The Americans have two options:
1) Transfer nukes to the Arabs. If the Americans don't, the Arabs will try to acquire it clandestinely from the Pakistanis. It turns out that the Arabs were the ones who funded the Pakistani nuke program in technical collaboration from the Chinese. The Pakistanis owe the Arabs very large.
2) Sanction Iran in a way that will halt it from acquiring parts that will assist it in enriching uranium or fund it altogether.
Attacking Iran is not an option. They might use drones or stealth planes to destroy nuclear facilities at most. But another doable option and a very americanish strategy would be to assemble a coalition of Sunnis states/militias to invade Iran.
US planning to start a war with Iran ?
The itch is there to start a War with Iran and the push is coming from Nutanyaho who has great infulence over TrumpNeshant wrote:US planning to start a war with Iran ?
If this somehow turns out to be true, proven after some mishap, then I don't think that they will find many customers for anything they may want to peddle.Neshant wrote:Iranian insurance may be the kind where they collect the premium but if the oil tanker gets wrecked, they may not pay up.nvishal wrote:Iran is offering to insure oil cargoes to India after some local insurers stopped providing the service in the face of impending US sanctions
They have a hard time sticking to agreements.
Do you really think their insurance policies will be any different?
Thus it may be insurance in name only.
This is the case with almost every deal India has had with them.chetak wrote:If this somehow turns out to be true, proven after some mishap, then I don't think that they will find many customers for anything they may want to peddle.Neshant wrote:
Iranian insurance may be the kind where they collect the premium but if the oil tanker gets wrecked, they may not pay up.
They have a hard time sticking to agreements.
Do you really think their insurance policies will be any different?
Thus it may be insurance in name only.