Re: Abu Dhabi signs $5 billion oil refinery deal with Pakistan
Can you enlightment me what development we have from this project…our govt. is giving 1000 acres of prime land near Bin Qasim free of cost…worth about a billion dollars…we are not going to recieve any taxes for 20 years…and it’s unlikely the junkyard refinery will be running after 20 years…crude will be imported and reexported leaving behind poisonous gases…what economic benefit you see from this particular project as a refinery is not even a very big employer of human resource>>>
As far as India is concerned they have very stringent envoirnmental regulations in place which are being followed strictly. Still there are refineries being set up there but all these are new modern refineries with all sort of envoirnmental protections in place…unlike the refineries we are allowing which were set up may be 30/40 years ago somewhere in the world and are being dismantled for being hazardous to envoirnment>>>