Russia-India oil deal at risk due to US sanctions – media
RT | August 26, 2016
US sanctions are threatening to derail Russian energy major Rosneft’s acquisition of a 49 percent stake in India’s Essar Oil, reports The Times of India.
The deal was curtailed by the US Treasury’s Office of Foreign Assets Control, according to the daily.
In July 2014, the Department of the Treasury included Rosneft on the list of sanctioned Russian companies after Washington accused Moscow of involvement in the military conflict in Eastern Ukraine and of annexing Crimea.
Indian banks, which invested over $5 billion into Essar Oil and currently hold 17 percent, expressed concerns over the deal due to fears of the potential consequences.
“We may have to review our exposure to Essar Oil if Rosneft comes on board,” said a top banker with a state-run lender, as quoted by The Times of India.
However, Essar Oil will reportedly try to push the deal with Rosneft through, allowing the Russian company to enter the Indian energy market.
Searching to expand cooperation with Russia beyond the traditional defense buyer-supplier relationship, New Delhi has invested over $5 billion in the Russian energy sector.
The Essar-Rosneft deal aims to open up India’s retail energy business to the world’s largest oil producer.
The deal was planned to be sealed by June. The Indian company had to reduce the share intended for sale by 25 percent, but the measure failed to change the situation.
Moreover, the sale of a 25 percent stake to the Dutch multinational trader Trafigura Group risks collapse due to the close ties with Rosneft. Trafigura handles much of the crude exported by Russia.
Syria, India call for rejection of foreign influence in internal affairs
![India's junior Foreign Minister Mubashir Javed Akbar met Assad in Damascus on 20 August 2016 [Image: Ministry of External Affairs, India]](https://i0.wp.com/thebricspost.com/wp-content/uploads/2016/08/CqUYptqUAAAUiDU-e1471843144421.jpg)
India’s junior Foreign Minister Mubashir Javed Akbar met Assad in Damascus on 20 August 2016 [Image: Ministry of External Affairs, India]
The BRICS Post | August 22, 2016
During a weekend meeting with an Indian official, Syrian President Bashar al-Assad has invited India to play an active role in the reconstruction of the Syrian economy.
India’s junior Foreign Minister Mubashir Javed Akbar met Assad in Damascus on Saturday. The visit will boost Syrian President Assad’s efforts to highlight continued critical support for his government.
State media reports in both countries quoted sources as saying New Delhi and Damascus have reasserted their rejection of “foreign interference in the internal affairs of states”.
The two sides discussed terrorism, faith equality and the need to upgrade bilateral security consultations, the Press Trust of India quoted Indian government sources.
As a growing power, India has a role to play in meeting the challenge of terrorism, Assad has said as the two countries agreed to upgrade their security consultations.
BRICS are opposed to the ouster of Assad as sought by the US and its allies.
Earlier in May, South African junior Foreign Minister Nomaindia Mfeketo had also called on Assad in Damascus to discuss the crisis.
Assad had told the South African Minister that the BRICS countries have played a key role in decreasing western hegemony in global affairs.
During the Indian Minister’s visit on Saturday, Syrian Foreign Minister Walid Mouallem said terrorism is the common adversary of both Syria and India.
There was an agreement between both sides for further upgrading security consultations, sources said.
No details of the security cooperation has been provided by the Indian government yet.
On Saturday, Vikas Swarup, spokesperson of the Indian Foreign Ministry, tweeted a picture of Assad and the Indian Minister.
“During his official visit to Syria, MoS @mjakbar called on President Bashar Al Assad in Damascus today,” Swarup said.
The Indian Minister stressed that “India is ready to offer all that could help in alleviating the suffering of the Syrian people and contribute effectively to the development process and reconstruction in Syria”, Syrian state news agency SANA said.
During the meeting, Assad also welcomed India’s objective position on the conflict in Syria and both leaders acknowledged that terrorism was a global problem.
“As a growing power, India has a role to play in meeting the challenge of terrorism,” Assad said.
On his part, Akbar, during their meeting, said “the age of destruction” should give way to the age of “reconstruction” in Syria.
Russia, which is aiding the Syrian government’s fight against ISIL and the Al-Nusra front, said on Thursday it was willing to support weekly 48-hour ceasefires to allow aid to reach besieged areas.
Russia, Iran reset Middle East’s geopolitics
By M K Bhadrakumar | Indian Punchline | August 21, 2016
In exceptionally assertive remarks on Saturday, Iranian Defence Minister Gen. Hossein Dehqan said in Tehran that more numbers of Iranian military bases could be made available to Russia, depending on operational requirements, in addition to the use of the Hamadan air base by Russian bombers currently.
He added that there is no time limit set to the access given to Russian aircraft to operate out of Hamadan military base. Dehqan disclosed:
- Russian jets and bombers are free to undertake repairs and load ordnance in the Iranian base;
- Iran’s military cooperation with Russia in this respect is “strategic” in nature;
- The cooperation stems from a defence pact to upgrade military cooperation “so as to act in more harmony, particularly in the fight against terrorism”;
- The use of Iranian military bases by Russia is a topic that is beyond the purview of the Majlis (implying it is based on decision by the Supreme Leader);
- The Iran-Russia alliance aims to bring an early end to the Syrian conflict.
The big question will be whether an Iran-Russia mutual security alliance could be in the making – something akin to the Indo-Soviet Treaty of 1971.
A Moscow pundit Prof. Dmitry Yevstafyev tiptoed around the explosive theme in the weekend. He made the following key points in an opinion-piece that is presumably intended for the Western audience:
- There is “still no talk of a full-fledged military union” between Russia and Iran;
- However, the use of Hamadan is not a stand-alone event, either;
- Nor is it to be seen as a mere tactical tie-up with the narrow objective of liberating Aleppo;
- On the contrary, it rests on a solid foundation that has been laid carefully in political, military and economic terms in the Russian-Iranian relations through recent period, which in turn is predicated on a cool assessment by Moscow that the US-Iran ‘honeymoon’ has become a thing of the past;
- Russia and Iran have created together a “completely new context” in the region and aspire to be “decisive players”;
- Russia has signalled to Washington that: a) its partnership with Iran is a “strategic priority”; b) Moscow is no longer bound by US’ ‘red lines’ as regards strategic ties with Iran; c) if Hamadan tie-up is successful, “moves that will lead to an unprecedented convergence between Iran and Moscow are also possible in future”; and, d) Washington cannot stop Moscow in its tracks in the priority task of “destroying the Syrian opposition in Aleppo”;
- Russia’s tie-up with Iran has emboldened Beijing to shed its reticence and to move to “expand its assistance” to the Syrian regime with the intention to “participate in future political and economic processes”.
To my mind, the above is an accurate assessment of the trends that have surfaced. This can only mean that the balance of power in the Middle East is phenomenally shifting.
India needs to take serious note even as Minister of State MJ Akbar arrives today in Damascus on a rare visit by an Indian dignitary. (Where China goes, can India be far behind?)
To be sure, Moscow is moving speedily to create new facts on the ground before the next US president takes over the reins of the US’ Middle East policies. Moscow aims to bolster Iran’s defence capability to a point that a military strike on that country becomes a non-option for the US and/or Israel.
Conceivably, we cannot rule out that there would have been some discussions already between Moscow and Tehran regarding a mutual security alliance in the event of a military threat from a new US administration dominated by neoconservative ideologues (which could be the case in a Hillary Clinton presidency.)
Russia is speeding up the delivery of the S-300 missile system to Iran. Reports from Tehran say that the delivery will be completed within a month from now.
The Israeli military intelligence sources have been cited by Debka as claiming that Russia has deployed the formidable S-400 missile system as well in Hamadan. (Despite Iranian denials, this should not cause surprise since pictures show an unspecified number of Tu-22M3 strategic ‘Backfire’ bombers – capable of carrying nuclear missiles – and Su-34 strike fighters parked in the Hamadan air base; and it is inconceivable that a solid Russian air defence system is not deployed alongside.)
The import of the Russian-Iranian strategic congruence is sinking in regionally. Over the weekend, for the first time Syrian jets attacked Kurdish forces in northern Syria (which are protected by the US Special Forces) despite American warnings to stay clear. (Reuters )
Equally, Turkish Foreign Minister Mavlut Cavusoglu had a 5-hour meeting with his Iranian counterpart Mohammad Zarif in Tehran on August 18 to follow up on Zarif’s talks with the Turkish leadership in Ankara on August 12. Cavusoglu’s hurried trip to Tehran aimed at Turkish-Iranian coordination in the move against Kurds.
Ankara will be pleased with the prospect of Damascus taking on the Kurds, finally. In remarks Saturday in Ankara, Prime Minister Binaldi Yildirim strongly hinted at Turkey moving on the ground to prevent the emergence of a Kurdistan enclave in northern Syria (with tacit US backing). Turkey has shared interest in this regard with Tehran and Damascus.
If so, Ankara, Tehran and Damascus may find themselves on the same page sooner than one would have expected. Moscow cannot but be pleased with this prospect.(Sputnik )
BBC, Indian Monsoon, And More Lies
By Paul Homewood | Not A Lot Of People Know That | August 19, 2016
Welcome to the latest barrage of lies and misinformation from the BBC:
This week I went to the scene of terrible tragedy.
A river, swollen by raging monsoon floodwaters, had torn down a bridge on the main road between Mumbai and Goa.
More than 30 people are thought to have died when the great stone structure crashed into the torrent, taking with it two buses and a number of cars.
Some of the bodies were swept more than 60 miles downriver in two days.
We produced a short news report.
In the heart-wrenchingly brutal calculus of the newsroom, this isn’t a major story. But zoom out, and you begin to see the outlines of a much bigger and more worrying picture.
India, indeed the whole South Asia region, has been riding a rollercoaster of extreme weather.
The summer monsoon is the most productive rain system in the world, and this year the region is experiencing a strong one. The floods it caused have affected more than 8.5 million people; more than a million are living in temporary shelters; some 300 people have been killed.
Though what really caught people’s interest was the three baby rhinos rescued from the waters in the north Indian state of Assam.
The fact that 17 adult rhinos drowned got rather less attention.
But the important point is that the region is awash with water. Just a few months ago, it was a very different story. The previous two monsoons were unusually weak. The result was a terrible drought in northern India, and parts of Pakistan and Bangladesh.
And it was exacerbated by another extreme weather event – record heat.
India experienced its highest temperature ever this summer, a blistering 51C.
Rivers ran dry; water holes evaporated; reservoirs became dusty plains. And, once again, the statistics were staggering.
More than 300 million people were affected by water shortages – the equivalent of the entire population of the US. A city of half a million people was left completely dry. It had to rely on supplies brought in by train.
As if that weren’t bad enough, in spite of the drought, the country was hit by a series of unseasonal rain and hailstorms. They caused such terrible damage to crops that some farmers were driven to suicide.
All these examples of extreme weather were widely reported, rightly so. What tended not to be discussed was the underlying cause.
We are all interested in weather; few of us want to be told – once again – that our lifestyles are disrupting the global climate. Yet the truth is that many climatologists believe the monsoon, always fickle, is becoming even more erratic as a result of global warming.
The picture in the last couple of years is complicated by the fact that the world has been experiencing a particularly strong El Nino, the periodic weather variation caused by warming of the sea in the Pacific.
But a series of long-term studies have shown the number of extreme rainfall events in South Asia increasing while low-to-moderate events are decreasing. And increasingly erratic and extreme weather is precisely what scientists expect climate change will bring.
The Intergovernmental Panel on Climate Change (IPCC) has predicted “rainfall patterns in peninsular India will become more and more erratic, with a possible decrease in overall rainfall, but an increase in extreme weather events”.
Since the monsoon accounts for as much as three-quarters of rainfall in some areas, any change is a huge issue. The more extreme the storms, the more likely we are to see more tragedies like the shattered bridge I visited this week.
Now, since you’ve read this far, I hope you’ll excuse me if I take a moment to ram my point home a little harder because there is growing evidence that climate change isn’t just restricted to South Asia.
Ask anyone who follows the issue and they’ll tell you that this year is already well on the way towards becoming the hottest ever. The previous record was last year; before that it was 2014. In fact, the 11 warmest years have occurred since 1998.
I’m not saying we shouldn’t talk about the weather, just that we need to talk about the climate too.
This is all too typical BBC fare – pick a weather event, hype it up as something unusual, connect it to climate change and say they are going to get worse!
So let’s do a bit deconstruction.
1) Far from the floods being a “terrible tragedy”, the Indians themselves regard heavy monsoon rainfall as being extremely benevolent. Indeed, the reporter Justin Rowlatt’s opening comment reveals the BBC’s metro liberal outlook on the world.
If he had bothered talking to the Indian authorities, he might have discovered that the Indian economy benefits in all sorts of ways, not just agricultural production, for instance here.
As Gaurav Kapur, senior economist at the RBS, Mumbai, stated earlier in the year:
The forecast of a better-than-normal monsoon is a welcome development coming after two years of drought and considering the state of the rural economy and the impact on food inflation. If indeed we end up having a better-than-normal monsoon, and spatial distribution of monsoon and production indicators point to a normal year, then RBI’s comfort for another rate cut will increase.
“Monsoon has a big linkage effect on not only rural income but overall growth and inflation and if we have another sub-par monsoon, then contribution of farm sector to GDP will be near zero.”
The Indians accept that floods are an unfortunate, but necessary evil. It is drought that they really fear.
2) You may have noticed that nowhere is there any input from the India Meteorological Dept, or for that matter any other local experts.
If Rowlatt had bothered to check with the IMD, they would have told him that, so far, this year’s monsoon has been perfectly normal:
http://www.imd.gov.in/pages/press_release_view.php?ff=20160818_pr_51
3) They might also have told him that, historically, big swings from year to year are the norm. Quite simply, there is nothing “extreme”, “erratic”, or otherwise unusual about recent monsoons, despite Rowlatt’s claims.
The consistently wettest period was from the 1930s to 50s, when the world was warming up. By contrast, global cooling after 1960, brought a succession of droughts. HH Lamb described this period:
In the first quarter of the century, there was a severe drought in N and NW India every 3rd or 4th year. Then, as the Earth warmed up and the circumpolar vortex contracted, the monsoon rains penetrated regularly into Northern India, and drought frequency declined to 2 in 36 years, from 1925-60. But since 1960, with the cooling of the Earth and the southern movement of the subtropical high pressure areas, drought frequency has been increasing again and the probability may be now more than once a decade.
4) It is well established that monsoon rainfall tends to be below normal during El Nino years, hence the the dryness of the last two years.
5) Rowlatt refers to a record temperature set earlier this year, clearly in an attempt to link this with the floods. However, long term temperature trends in India are notoriously unreliable, given the massive urban expansion across the country.
Indian monsoons are the result of land warming up faster then the sea in summer, thus drawing in moist air from the ocean.
Significantly, a study by Dr. Roxy Mathew Koll of the Centre for Climate Change Research, Indian Institute of Tropical Meteorology last year found that the opposite had been happening, and that the landmass has actually been cooling as The Hindu reported:
The summer monsoon has been showing a weakening trend over the past century with decreasing rainfall over large regions of the Indian subcontinent. The monsoon occurs because the land heats up much more than the ocean and the warm air over the land rises and results in low pressure. This causes the rain-bearing winds from the relatively cooler ocean to blow on to the land and cause rainfall. That is, it is the strong thermal contrast between land and ocean that results in a strong monsoon.
However, a recent study by Dr. Roxy Mathew Koll of the Centre for Climate Change Research, Indian Institute of Tropical Meteorology, Pune and others, and published recently in the journal Nature Communications contends that this thermal contrast has been decreasing in the past decades, i.e., the land has been cooling and the ocean warming and the monsoon has shown a decreasing trend during the past century.
Iran to emerge as US rival in gas markets
Press TV – July 25, 2016
Forbes in a report has hailed Iran’s success in the development of its gas industry and says the country can soon become a main rival over market access to key players like the United States.
The world’s leading business magazine says Iran owes the progress it has made in its gas industry to its high exploration success rate which it says stands at a whopping 79 percent.
The rate, it says, is specifically high given that the world’s average is only 30 to 35 percent.
The Forbes report further emphasizes that the progress in Iran’s gas industry could soon enable it to exploit the promising markets in India, Pakistan, Kuwait, and UAE.
It adds that the country’s planned reductions in subsidized pricing, which will help reduce wasteful usage, will free up more of its gas for exports.
Forbes further stresses that Iran’s plans to produce liquefied natural gas (LNG) will specifically have a prosperous future.
“Iran is currently working on several options to join the same ‘international LNG club’ that the US is also joining,” wrote Forbes in its report. “And Europe is the mid- and long-term target. Europe’s gas demand is projected to increase 15-20 percent by 2025. This means that Iran is competition for the US”.
The report emphasizes that Iran’s LNG plans are expected to become operational after 2020, adding that the country could benefit from the growing demand over the succeeding years particularly given that Europe’s gas demand, for example, is projected to increase 15-20% by 2025.
Death toll from Kashmir clashes rises to 16
Press TV – July 10, 2016
Indian officials have updated the death toll from the ongoing unrest in the Himalayan state of Jammu and Kashmir, saying that 16 people are now confirmed dead following the clashes between protesters and riot police over the killing of a popular rebel leader.
One protester was shot dead on Sunday after riot police fired on infuriated and stone-hurling demonstrators, who defied a curfew aimed at suppressing the public uproar in the southern area of Pulwama, and six others succumbed to their wounds overnight, AP quoted an unnamed security official as saying.
A police officer also lost his life in the southern area of Anantnag, where angry demonstrators pushed his armored vehicle into a river.
Indian authorities have for the second day extended the curfew to the whole Kashmir valley, including the major city of Srinagar.
The clashes came after residents of Kashmir held a funeral for separatist Burhan Wani, the young leader of Hizbul Mujahideen (HM), who was killed on July 8 along with two other people during a brief gun battle with government forces.
During the past five years, Wani had become the iconic face of militancy in Kashmir, using social media to reach out to young people in the region.
Wani’s body was handed over to his family earlier on Saturday and the locals, who see the slain 22-year old as a hero, turned the mass funeral into a full-scale protest.
According to Indian police, anti-riot troops used live ammunition, pellet guns and tear gas to disperse the crowds and calm down the outrage. Authorities have also suspended mobile networks and the internet to prevent massive demonstrations.
Reports say that at least 200 people, including 90 government forces, were injured during the clashes.
The death of Wani sparked street protests across Kashmir throughout the night Friday. In a rare incident, mosques’ loudspeakers blared with “Azadi” (freedom from Indian rule) in most areas, including Srinagar, where people were ordered to remain indoors.
Major groups known for their resistance against Indian rule have declared three days of mourning.
Kashmir, a Himalayan region known for its beautiful landscapes, lies at the heart of more than 69 years of hostility between India and Pakistan. Both neighbors claim the region in full but have partial control over it. India controls two thirds of Kashmir while the remaining one third is under the Pakistani rule.
The neighbors agreed on a ceasefire in 2003, and launched a peace process the following year. Since then, there have been sporadic clashes, with both sides accusing the other of violating the ceasefire.
Thousands of people have been killed in the violence in Kashmir over the past two decades.
India Carries Out Another Successful Test of Nuclear-Capable Agni-I Missile
Sputnik – 14.03.2016
NEW DELHI – India conducted another successful test of the Agni-I medium range ballistic missile from Abdul Kalam Island off the country’s shores on Monday morning, the missile’s developer said.
“The missile [launch] test was held as a part of the exercise of the Strategic Forces Command and was successful,” the Indian Defence Research and Development Organisation (DRDO) said as cited by the Indian IANS news agency.
The 15-meter-long missile, capable of carrying a metric-ton conventional payload, is equipped with precise navigation systems and has a 700-kilometer (435-mile) range. The missile can be fired from mobile road or rail launch pads.
The rocket was first test fired in 2002. The last test launch took place in November.
