Truth Behind US-India Nuclear Deal

#22

d-m, the names I gave are some of the leading lights of the non-proliferation lobby, if you are just ``vaguely familiar`` with them i dont think there is anything more to discuss. As usual you are spouting off on the issue without having read anything of substance.

#10 by asfand on December 13, 2006 4:38pm PT


You vastly overestimate the importance of India to Iranian oil sales and you are completely off the mark about why India is backing away from the pipeline(i.e. the terrorist state in the middle and, more importantly, the price just isn`t right..)..

in any case, this is just a stop gap until the FBTR comes online in a big way...

Re: # 26

India buys 7.5 percent of total oil exports of Iran.

The full article is on the following link.

http://www.fpc.state.gov/documents/organization/70294.pdf



``India’s External Affairs Ministry reports that India-Iran commercial relations are
dominated by Indian imports of Iranian crude oil, accounting for roughly 85% of Indian
imports from Iran each year. The value of all India-Iran trade in the fiscal year ending
March 2005 increased by 36% over the previous year, reaching more than $1.6 billion (by
comparison, U.S.-India trade was valued at about $27 billion in 2005).13 Iran possesses
the world’s second-largest natural gas reserves, while India is among the world’s leading
gas importers. With a rapidly growing economy, India is building energy ties to Iran,
some of which could conflict with U.S. policy and the Iran-Libya Sanctions Act (ILSA).
ILSA requires certain sanctions on investments over $20 million in one year in Iran’s
energy sector. It expires on August 5, 2006, but there is pending legislation to extend it
(S. 2657; H.R. 5877), as well as to modify it (S.333 and H.R. 282). Under a reportedly
finalized 25-year, $22 billion deal, the state-owned Gas Authority of India Ltd. (GAIL)
is to buy 5 million tons per year of Iranian liquified natural gas (LNG). To implement the
arrangement, GAIL is to build an LNG plant in Iran, which Iran does not now have.
Some versions of the deal include development by GAIL of Iran’s South Pars gas field,
which would clearly constitute an investment in Iran’s energy sector. India currently buys
about 100,000-150,000 barrels per day of Iranian oil, about 7.5% of Iran’s oil exports.
It is also widely reported that Indian refineries supply a large part of the refined gasoline
that Iran imports. Gasoline is heavily subsidized and sells for about 40 cents per gallon,
and Iranian refining capacity is insufficient to meet demand. Such direct purchases and
sales of petroleum product are not generally considered violations of ILSA.``

#22 by dost-mittar on December 14, 2006 6:29am PT


The non-proliferation lobby includes people who are against all nuclear energy (Greens)


Does this include the co-founder of greenpeace?

Going Nuclear
A Green Makes the Case

By Patrick Moore
Sunday, April 16, 2006; Page B01

In the early 1970s when I helped found Greenpeace, I believed that nuclear energy was synonymous with nuclear holocaust, as did most of my compatriots. That`s the conviction that inspired Greenpeace`s first voyage up the spectacular rocky northwest coast to protest the testing of U.S. hydrogen bombs in Alaska`s Aleutian Islands. Thirty years on, my views have changed, and the rest of the environmental movement needs to update its views, too, because nuclear energy may just be the energy source that can save our planet from another possible disaster: catastrophic climate change.


Patrick Moore, co-founder of Greenpeace, is chairman and chief scientist of Greenspirit Strategies Ltd. He and Christine Todd Whitman are co-chairs of a new industry-funded initiative, the Clean and Safe Energy Coalition, which supports increased use of nuclear energy.

``Indians will definitely not allow themselves used as a cannon fodder against China as its not country of people of Martial Race and spirits and can not fight being lazy in Martial matters even for themselves, they are too lazy to fight for others but cunning talking people good for nothing.

USA is making mistake if they feel they can make telephone and order as President Nixon said correctly about them as most cunning people and devious people while our people are good but simple people. Usa will regret in long terms and americans will be loosing jobs over long terms ( the kids from amerca donated used computers to poor indians and they repaid by ingratude and job losses due to indian coolies).

Its nature of Indians to bite feeding hand and laugh and lecture.``(Madani)

what a great compliment madani sahib you gave the Indians -- if you are sure about the ``nature of the Indians`` vs the Americans -- then the Indians are in no danger -- if the ``USA is making mistake`` with the Indians -- if the ``Indians will definitely not allow themselves used as a cannon fodder against China -- then even I may support the treaty.............:)

Re: # 23
Dear Mr Nasah….. Your name is Hasan and you write alphabets in Arabic style, when I read that way it becomes any way its enigma ..

Now kindly read how Indians are in words of president Nixan. Now he was very devious himself. And when he qualifies some body means its real hard case of Saitan.
Nixon write in his memories

“Pakistanis are straightforward and sometimes extremely stupid. Indians are more devious, sometimes so smart that we fall for their line”,

He had also pointed out that the Indians manage to fool the American ambassadors to New Delhi and referred specially to their envoy at the time, Mr Keating. He revealed that the gentleman had wanted the US to “help India push the Pakistanis out (of East Pakistan)” and that, “Keating, like every ambassador who goes over there, goes over there and gets sucked in.”
Now he said he was not crook but when he says such things every sane person has to accept he is telling truth..

Look general president is straight forward thin as arrow and straight. He said good things about MMSING. But Mr. Singh showed gratitude Indian way and poisoned mind of Mr. Bush and backstabbed President. By doing wrong propaganda when he visited usa. He made false allegations against Pakistan like reckless nuclear proliferation making country, supporter of talibans and with thousands and thousands of madressahs , making factory production of Jehadis based on hatred of other religions etc. All pack of lies. When it comes to get benefits they are not shy to lie and magnify. All he did just so Pakistan does not get same Nuclear deal and brainwashed your American president and cheated him. He talks soft and slowly but stabs nicely. Fortunately we are getting better deal from China.

I am against this deal as its detrimental to Pakistan, china and America and for Indian people. Indian people will be subjected to radiation desease in big numers as they built shoddy buildings and recently they were building roof of atomic plant roof came down it was so bad. They are cheat and bad building will lead to leaking nuclear light ande killing in millions due to nuclear disease.
Have good day.

Re: # 41
I am against nuclear energy the way it is produced which against humanity and produce stuff that can kill people in huge numbers over long term by slowly poisoning. Even against hydroelectric also as when take out energy of water and then people drink water creates not so good water as its like juice without vitamins and minerals it can no be healthy. It is good possible that light when takes power from turbine driven, produced by nuclear energy produced steam can start slowly emitting radiation like nuclear poison through light and kill over next 50 to 60 years with nuclear diseases. Only coal or gas produced power is contamination free as it releases poison, radio active material in air and air dilutes every thing. If I am super rich I will use only big candles which does not produce pollution which can kill you slowly.

bongdong#17

``Could you explain why you consider the opposition from the non-proliferation lobby as ``principled``?``

I thought that needed no explanation. The non-proliferation lobby includes people who are against all nuclear energy (Greens) because of the risk of radiation of leaks and the problems of disposal of nuclear waste; it includes a small minority (Chomsky types) who would like all countries, including the US, to reduce/eliminate nuclear weapons; and lastly those -the majority- who do not want to disturb the current apple-cart. I consider even theml to be ``principled`` as they are consistent and do not want to set a precedent which might haunt them in the future.

I am not familiar with the names you mentioned although they do ring a bell.

Ahmedmadani#15:

``( This is good time for buying natural gas producer stocks and same way coal As presently there is extreme over production of Natural gas world wide prices are down such fall in NG will not remain that way for long time. ``
Any recommendations?

harimou#21:
``So, when do you plan to start bhajan rounds in your neighborhood singing the praise of the Nehru-Gandhi clan?``

Not anytime soon:-).
[btw, bhaijaan is a term of endearment, not devotional singing]

Re: # 22
DM ji you asked for suggestion. Now there is saying in Arabic a Shepard should not try to shepherd while sitting on camel. But if somebody asks it ispolite to say no as being ignorant. So will try my best. You have commie govt in Canada as they say here that becomes hard as then you need only Canadian companies.
I have little experience in such matter. My daughters husband thinks he is smart and he lost huge pile of money and my daughter complained to me about that. She told him to consult me but he had little “attitude” problem, she was irate. I asked to forgive him and ask me . So I methodically studied and found markets are very efficient and not easy to find easy pickings. He was not smart in such matters but I can not tell my daughter. He believed in High Tech. Now I told them you do not make money in high tech but in low tech or no tech. I found several sectors which can give better returns.
Now related to low or no tech is oil and natural gas and coal. And presently extreme good situation exists in canadin things. It is so good asked my daughter to buy Canadian stocks on NYSE and she is getting better results every month. Presently gas prices have bottomed in short term ( my short term means atleast 4.5 years, 4.5 has meaning but will not explain now, people who understand probability, some thing related to markov chains if explained can understand, if interested study stock charts in terms of 4.5 years cycle, gas and coal) one can do extremely good. If capital gains reach 4.5 years worth dividend one should sell and pay taxes happily. The selection of equities specially selected are such that dividends are enormous.
First drilling company of Canada giant. Precision drilling , presently they are closing many drilling sites and so price is lower range in local sense
Second is metallurgical coal majority used in production of steel , steel may be overproduced and prices are hard to raise so met coal is less demad stock is down
All others are gas and oil ( small part) producers of Canada.
Most pay monthly dividends so its good cash flow.
Names are from americal EXCHANGES. Symbol and div yields.
My feeling is wthin 4 to 5 years prices of gas and oil will jump to recent highs and capitals gains will be enormous combined with stream of dividends.
All Canadians for Dmji appraisal
Symbol % yield
PDS (13.2) Drilling
FDG (12.8) Met coal mining
AAV (18.3)
CNE(14.0)
PGH (15.7)
PWE (11.3)
PVX (11.3)
ENT (17.2)
HTE (17)
MWE (6.6)
ERF (9.5)
I have avoided name which are good but user needs to study niches of those.
Other groups very good are gas and oil pipe lines ( They are almost no risk but steady and boring dividends but may be good for people over 50s who have crossed hump and are happy with steady boring returns), Other group is good but need understanding much more is shipping group huge dividends but buyer should know how to look at Baltic exchange and spot market rates which are changing. I will prefer most to keep away as they are too dynamic. These companies are registerd at many “banana republics” but they pay huge dividends. Before going there one should study pattern of spot rates ( seasonal nature), Dubble hull construction, soon phasing of Single hulls, difference between dry and liquid carriers, Vlccs, , If some has time should study this sector can be profitable. May be should write article. But this being more social economical place no place.
If one can control losses the game is won you have money at end.
NOW do not forget OIL and GAS dev. Corp of our country which is listed on LSE. ( I never understand why they go to European exchanges rather than American exchanges, can somebody tell me, my feeling is that too many and strict disclosers must be problems
) I hope this will give some raw food for thing for finding vehicles for savings and wealth creation.
Good luck every body and great day

Re: # 22

``harimou#21:
``So, when do you plan to start bhajan rounds in your neighborhood singing the praise of the Nehru-Gandhi clan?``

Not anytime soon:-).
[btw, bhaijaan is a term of endearment, not devotional singing]``(dost-mitter)

harimau -- there -- DM ji gotcha......means my dear brother in `Hindustani``....:)

Ref dost-mittar #13

[Bhaijaan, nuclearisation of India was started by Nehru and Homi Bhabha and the weaponisation by Indira Gandhi.]

So, when do you plan to start bhajan rounds in your neighborhood singing the praise of the Nehru-Gandhi clan?

I shall happily send you finger-cymbals for use in the bhajan.

Sounds like from almost a client state of the Soviet Union now we are headed towards becoming a client state of the US. Looking at the current International situation, it may not be a bad thing at all.

Have the Indian govt. responded to these observations yet?
One change that I know of is about the yearly audits. Though, the US president will have to yearly certify the compliance .


“The Committee of International Relations of the United States House of Representatives passed the United States and India Nuclear Cooperation and Promotion Act of 2006 (H.R. 5682 available in PDF). The Congressional document throws light on the proposed Nuclear Deal in a manner that New Delhi failed to do. The nuclear deal is intended to cap and roll back India’s nuclear weapons program under the garb of providing enriched fuel to purportedly run nuclear power plants in India. We refer to relevant clauses in the document Act itself.