Recently, an oil tanker carrying Russian ** was located in the Indian port of Wadenar, but drifted for 10 days almost 1,600 miles from the port. India's Directorate General of Shipping said the vessel was stranded because India had not issued a clear directive. India refused to accept the tanker's cargo due to concerns about US-India relations and oil prices. Although the Indian side cited "US sanctions pressure" as the reason, the real reason is the disagreement with Russia and India, and the root cause of this disagreement is the renminbi. India has complained about the presence of the Russian sideEnergyOnly Chinese yuan was accepted in the transaction, causing problems with payments in India. But the Russian side found out after the verification phase,RupeeThe liquidity is poor, so it cannot be smoothly transferredRupeeSpend it out. In order to avoid aggravating the yuanInternationalIndia is even interested in looking for oil exporters other than Russia. In this regard, the Russian side has begun to recognize that cooperation with China is more reliable, and has constantly set new cooperation records for China.
GazpromOn the 23rd, it was announced that the amount of natural gas delivered to China through the "Power of Siberia" gas pipeline not only completed the specified range, but also set a new record in a single day. And on the 25th, the company claimed to break the record again. In addition, the president of Gazprom also told the Chinese side that Russia will regularly increase gas supplies to China by more than 600 million cubic meters. In addition, a second pipeline between China and Russia is also in full swing, and in additionEnergyThere are also a number of major bilateral projects under way. In, so to speakEnergyIn terms of cooperation, Sino-Russian relations have become more positive and multidimensional.
India, a major buyer of Russia, has seen a significant increase in orders for Russian oil over the past year. However, India's short-sighted behavior has caused damage to Russian-Indian relations. India inEnergyThe attitude in the transaction is repeated, and once there is a conflict of interest, he does not hesitate to give up cooperation. India is only concerned with its immediate interests, but it has neglected its long-term friendly relations with Russia. Opportunism is not a long-term way to prosperity in India. To secure its own interests, India needs to be more rational in its relations with Russia.
After India made a lot of money by reselling Russian oil, the situation in Russian-Indian relations reversed. India recently refused to accept a tanker carrying Russian ** under the pretext of "US sanctions pressure". However, the real reason is the disagreement between India and Russia, with the renminbi becoming the sticking point. India had complained that Russia was thereEnergyOnly RMB is accepted in the transaction, and there are difficulties in Indian payments. In addition,RupeeRightInternationalThe liquidity of the market is also poor. Therefore, India refuses to accept cargoes of Russian tankers, looking for other oil exporters. In contrast, Russia and ChinaEnergyThe collaboration is record-breaking. GazpromThrough the "Power of Siberia" gas pipeline, a new record was set for the amount of natural gas to China. In addition, there are others between China and RussiaEnergyThe project is being implemented. India should recognise that opportunism is not a long-term solution. Only through cooperation and trust can we achieve win-win and mutual benefit.