Saudi's oil refinery in Gwadar threatens Iran, China

Agencies
October 9, 2018

Hong Kong, Oct 9: Pakistan's latest announcement about Saudi Arabia's investment in an oil refinery at the port city of Gwadar has set alarm bells ringing in the international arena.

A Zerohedge article claims that Pakistan's move comes from a "desperate" need for funding to ward off a financial crisis stoked by growing debt to China.

The column, written by James Dorsey on Mid East Soccer blog, claims that Saudi's oil refinery in Gwadar Port could threaten Iran's India-backed Chabahar Port, making China(and Pakistan) a part of an "all but open war" between Iran and Saudi Arabia.

The Saudis may invest up to USD 10 billion dollars in the region. The deal could additionally involve deferred payments on Saudi oil supplies which will firstly, create a strategic oil reserve close to Iran, and secondly, help cash-strapped Pakistan in payments.

The Zerohedge article further stated that Pakistan will be forced to seek a USD 12 billion bailout from International Monetary Fund (IMF) if government expenditure is not brought under control -- a fact that Prime Minister Imran Khan-led Pakistan has taken note of.

Islamabad's first step to curb the spending spree came in September, as funds for road projects, which are a part of CPEC's Western route that connects Balochistan with China's troubled region of Xinjiang, were not sanctioned in time. The very same road project was already grappling with delays in approval from China, with Pakistan's move bringing progress to a standstill.

Furthermore, Pakistan's Railways Minister Sheikh Rashid cut USD 2 billion dollars from a USD 8.2 billion project that aims to upgrade and expand Pakistan's railway network, a significant part of CPEC.

The article quoted Rashid who said, "Pakistan is a poor country that cannot afford huge burden of the loans. CPEC is like the backbone for Pakistan, but our eyes and ears are open."

Islamabad's latest move was inviting the oil-rich Saudi for investments in the Gwadarrefinery and mines in Balochistan. The fact that Pakistan officials denied suggestions that the Gulf country would join the CPEC was an indication to China's apprehensions with the deal.

During campaigning for the General Elections in the country, the Pakistan Tehreek-e-Insaf (PTI) had likened the CPEC to "a modern-day equivalent of the British East IndiaCompany" which eventually led to colonisation in the South-Asian subcontinent and drained the economies of the countries colonised.

The PTI also denounced Chinese-funded transit projects in Punjab and claimed that funds, which could be used for social spending, were being squandered, while "suggesting" that the projects involved "corrupt practises".

Therefore, while the Saudi engagement eases Pakistan's financial woes, it also enables Saudi Arabia to prevent Chabahar from emerging as a powerful Arabian Sea hub.

A study published last year by the International Institute for Iranian Studies claims that Iran's Chabahar port posed "a direct threat to the Arab Gulf states" that called for "immediate countermeasures."

The study, credited to Mohammed Hassan Husseinbor, further 'warned' that the India-backed port could raise foreign investment in Iran, increase government revenues and "enable Iran to increase its oil market share in India at the expense of Saudi Arabia."
Husseinbor also suggested Saudi support for a low-level Baloch insurgency in Iran's Sistan and Baluchestan province, which would "be a formidable challenge, if not impossible, for the Iranian government to protect such long distances and secure Chabahar in the face of widespread Baluch opposition, particularly if this opposition is supported by Iran's regional adversaries and world powers."

US President Donald Trump's national security advisor John Bolton had drafted a plan last year that "envisioned US support 'for the democratic Iranian opposition' including in Balochistan and Iran's Sistan and Balochistan province."

The Saudi-Pakistan deal may potentially bear ominous implications for China, who may well be able to manage Pakistan by addressing their CPEC-related reservations, however, a Saudi-Iranian conflict will be much more complicated to deal with.

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November 7,2024

trumpmusk..jpg

In his victory speech, President-elect Donald Trump showered praise on Elon Musk, calling him an "amazing guy" and "super genius." The SpaceX CEO’s satellite internet project, Starlink, received special attention for its role in providing critical connectivity after Hurricane Helene. With Starlink’s success making waves, speculation grows: will Musk bring his revolutionary tech to India’s vast, underserved areas?

In India, Musk’s increasing proximity to Trump and the President-elect’s endorsement has sparked curiosity and anticipation. Although regulatory barriers have delayed Starlink’s entry since 2021, recent policy shifts by India’s Communications Ministry could turn the tide. Minister Jyotiraditya Scindia recently announced plans to allocate satellite spectrum administratively, a move welcomed by Musk, who pledged to "serve the people of India" through Starlink.

What Makes Starlink Unique?
Unlike traditional broadband reliant on cables, Starlink uses thousands of low-earth orbit satellites to provide high-speed internet. This innovative approach bypasses the need for miles of overhead or underground wiring, making it ideal for remote and rural areas. Launched in 2019, Starlink now serves over 4 million users globally, and its entry into India could be transformative in bridging the digital divide.

Starlink’s India Journey So Far
Musk’s ambitions for India began in 2021 with pre-order invitations, but the government halted progress, citing licensing requirements. However, with Scindia’s recent announcement, Starlink may soon navigate the regulatory landscape, potentially setting the stage for a significant market entry.

Showdown with India’s Telecom Titans
If Starlink is allowed in, it could mean intense competition for Indian telecom leaders Mukesh Ambani’s Jio and Sunil Bharti Mittal’s Airtel. Both companies argue that satellite spectrum should be auctioned to maintain a level playing field, especially if Starlink expands to urban areas, challenging their established services.

While Starlink advocates for affordable, widespread access, Indian telecom giants claim global players often leverage rural connectivity narratives for favorable conditions, potentially overshadowing local providers in urban markets. As the government’s decisions unfold, a tech-driven tug-of-war could reshape India’s telecom landscape, with Musk’s Starlink poised as a powerful new player.

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News Network
November 7,2024

trumpmusk..jpg

In his victory speech, President-elect Donald Trump showered praise on Elon Musk, calling him an "amazing guy" and "super genius." The SpaceX CEO’s satellite internet project, Starlink, received special attention for its role in providing critical connectivity after Hurricane Helene. With Starlink’s success making waves, speculation grows: will Musk bring his revolutionary tech to India’s vast, underserved areas?

In India, Musk’s increasing proximity to Trump and the President-elect’s endorsement has sparked curiosity and anticipation. Although regulatory barriers have delayed Starlink’s entry since 2021, recent policy shifts by India’s Communications Ministry could turn the tide. Minister Jyotiraditya Scindia recently announced plans to allocate satellite spectrum administratively, a move welcomed by Musk, who pledged to "serve the people of India" through Starlink.

What Makes Starlink Unique?
Unlike traditional broadband reliant on cables, Starlink uses thousands of low-earth orbit satellites to provide high-speed internet. This innovative approach bypasses the need for miles of overhead or underground wiring, making it ideal for remote and rural areas. Launched in 2019, Starlink now serves over 4 million users globally, and its entry into India could be transformative in bridging the digital divide.

Starlink’s India Journey So Far
Musk’s ambitions for India began in 2021 with pre-order invitations, but the government halted progress, citing licensing requirements. However, with Scindia’s recent announcement, Starlink may soon navigate the regulatory landscape, potentially setting the stage for a significant market entry.

Showdown with India’s Telecom Titans
If Starlink is allowed in, it could mean intense competition for Indian telecom leaders Mukesh Ambani’s Jio and Sunil Bharti Mittal’s Airtel. Both companies argue that satellite spectrum should be auctioned to maintain a level playing field, especially if Starlink expands to urban areas, challenging their established services.

While Starlink advocates for affordable, widespread access, Indian telecom giants claim global players often leverage rural connectivity narratives for favorable conditions, potentially overshadowing local providers in urban markets. As the government’s decisions unfold, a tech-driven tug-of-war could reshape India’s telecom landscape, with Musk’s Starlink poised as a powerful new player.

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News Network
November 10,2024

Bengaluru: The Karnataka government has warned that disciplinary action will be taken against those officials who change the land mutation records and serve eviction notices to farmers under the Waqf Act.

In a letter, the Revenue Department Principal Secretary Rajender Kumar Kataria reminded all regional commissioners and deputy commissioners in the districts that Chief Minister Siddaramaiah recently had a meeting following complaints about certain land properties being made in favour of the Karnataka Board of Waqfs.

In the meeting it was decided that all the directions issued previously by any government office or authority to change the mutation records has been withdrawn, the letter said.

It added that all the notices served in the past have also been withdrawn and no action should be taken against the farmers who are cultivating on the said land.

On the directions of the chief minister, the previous letters and the latest reminders served on November 7 to the farmers and land owners have been withdraw, the letter said.

"The officials who served reminder-2 despite the chief minister's direction will face appropriate disciplinary action," Kataria said in his letter.

He said he has been instructed to strictly implement the chief minister's direction.

The fresh direction was issued in poll-bound Karnataka, where bypolls to three crucial assembly segments are due on November 13.

Some farmers in Honwad village in Vijayapura in north Karnataka had alleged last month that they were served eviction notices as the Waqf Board claimed rights over it.

Subsequently, complaints started in pouring in from some other parts of the state.

BJP leader Tejasvi Surya on October 25 alleged that Karnataka Waqf Minister B Z Zameer Ahmed Khan directed the deputy commissioners and revenue officials to register lands in favour of the Waqf Board within 15 days, which resulted in confusion.

On Surya's request, the Chairman of the Joint Committee of Parliament on the Waqf (Amendment) Bill, Jagdambika Pal visited Karnataka on November 7 and met farmers in Hubballi, Vijayapura and Belagavi districts who had alleged that their lands were marked as Waqf properties.

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