Jump to content

Private sector wants Thailand to import Russian oil to combat high fuel prices


webfact
 Share

Recommended Posts

I guess Thailand doesnt  like the money donated by other countries.  Countries tgat honor the sanctions  against Russia.

Link to post
Share on other sites

Iran are not seen as rehabilitated just yet and Russia are creating a new class of pariah for themselves. That might cause some interesting side effects when dealing with the EU to get trading status up-graded. The US will also have an opinion as will a number of trading partners.

Link to post
Share on other sites

Thailand has no choice. Oil prices will keep rising due to politicized uneconomic decisions of western leaders. Every single item’s price depends on oil. Some of the forum members have been complaining they stopped going to restaurants because of inflation. From rice to air fares, inflation has been climbing but we’ll be seeing this for years. Thailand’s businesses are trying to prepare to stay afloat. They will pay $100 for barrel of oil and will survive vs $200 that western countries will pay next year.

  • Like 2
  • Sad 1
Link to post
Share on other sites

1 hour ago, bdenner said:

So where is Thai private sector going to get a truck load of Rubles from to pay for this commodity? Maybe tap on the shoulders of the "multitudes" of Russian tourists TAT is expecting!!!

Thailand and Russia are negotiating to implement MIR payment system that will help Thailand get precious rubles from tourists that Thailand can use to pay for cheap oil. There is also an agreement between these countries to increase mutual trade 10x. Thailand will export to Russia much more than it does now to acquire rubles it will need to pay for energy.

  • Like 1
  • Confused 1
Link to post
Share on other sites

2 hours ago, tomyami said:

High five bar in soi chychipun in pattaya is russian owned not busy anymore as the word is out

Thank goodness. Now that the sexpat community of Pattaya has the word the rest of the civilized world can sleep at night?

  • Haha 1
Link to post
Share on other sites

Posted (edited)

What happens to all the oil from Thailand's onshore and offshore oilfields?

Is it not enough  to supply Thailand's needs? Or do they export it as part of a deal with the drilling companies?

Edited by phetphet
  • Like 1
Link to post
Share on other sites

2 hours ago, worgeordie said:

Russia is our friend ...... send more tourists and oil , we don't care

what the rest of the World thinks , it's all about money , just business.

regards Worgeordie

Your "World" and other countries "World" seem to exist in different universes...I went through the Abu Dhabi and Istanbul airports last week, they were packed with Russians going somewhere. And there was a recent BRICS meeting in China with Putin attending together with Modi and Bolsonaro... more than 40% of the world population represented there and they are talking of inviting other countries like Indonesia.

Link to post
Share on other sites

2 hours ago, Denim said:

Thailand's moral compass spinning around all over the place as usual.

 

 

As the money moves, so the moral compass tracks it.

 

And does anyone really believe that if the Federation of Thai Industries (FTI) were to get a cheap deal, that they would pass the savings on to the consumer?

 

  • Like 1
Link to post
Share on other sites

Dancing with the devil eh? Mind you, Thailand has always collaborated with what works best for them. Careful what you wish for. 😗

  • Like 1
Link to post
Share on other sites

A number of countries are bolstering Putins war chest by buying his cheap oil, India, Mexico, China and Israel, to name but a few.

  • Like 2
Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.

×
×
  • Create New...