VOL. XL
No. 6
10-February-1997
IRAN
Future Of Iran-Pakistan Refining Project In Doubt
The future of a joint venture 120,000 b/d refining project between Iran and Pakistan seems to be hanging in the balance following the Pakistani Government's failure to review its energy policy relating to guaranteed return on capital, according to Dow Jones Business News on 3 February. Quoting a source in the Pakistan state-owned Petroleum Refining and Petrochemical Corporation (PERAC), Dow Jones said that the...
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