Oil Price Crash And Will Pakistan Benefit From It

CAPTAIN SOLO

MPA (400+ posts)
But Pakistan could have benefit ted from it. it required imagination. All they had to do was do increase the strategic reserves of the country to 365 days. this would have been a massive boost to the construction industry. and the it would have come in hand in case of a crisis like war and famine. but no Imran Khan is busy collecting Chanda.

Making money is more powerful than saving money
 

Cyclops

Minister (2k+ posts)
Millions of $$$ required to add even 10 days worth of capacity and also there is a holding cost so its not easy issue

But Pakistan could have benefit ted from it. it required imagination. All they had to do was do increase the strategic reserves of the country to 365 days. this would have been a massive boost to the construction industry. and the it would have come in hand in case of a crisis like war and famine. but no Imran Khan is busy collecting Chanda.

Making money is more powerful than saving money
 

CAPTAIN SOLO

MPA (400+ posts)
Millions of $$$ required to add even 10 days worth of capacity and also there is a holding cost so its not easy issue
Yes but it would require Rupees not Dollars which we are printing at warp speed.As the raw material and the expertise is locally available. Also the existing facilities can be fully utilized. If I remember correctly ishaq dar reduced the level to 15 or 20 days it used to be 45 days..

Plus the price should not be reduced for the public as the government is already spending a lot for the public this Ramzan. in any case we Pakistani's increase prices during Ramzan
 

Munawarkhan

Chief Minister (5k+ posts)
But Pakistan could have benefit ted from it. it required imagination. All they had to do was do increase the strategic reserves of the country to 365 days. this would have been a massive boost to the construction industry. and the it would have come in hand in case of a crisis like war and famine. but no Imran Khan is busy collecting Chanda.

Making money is more powerful than saving money

but we don’t buy crude oil.

this is like hoarding Ganna without having a sugar mill
 

Munawarkhan

Chief Minister (5k+ posts)
We buy crude from UAe and KSA. ,check video to see why and then process in pakistan

Mehr bukhari did a show on this yesterday, presenting the same logic. both Haroon Akhtar and Shahid Khaqan Abbbasi , refuted her, don’t tell me the guy in the video knows better than them
 

Cyclops

Minister (2k+ posts)
Mehr bukhari did a show on this yesterday, presenting the same logic. both Haroon Akhtar and Shahid Khaqan Abbbasi , refuted her, don’t tell me the guy in the video knows better than them
We don't buy WTI crude, we purchased from OPEC. If we don't buy crude why do we have refineries in the country?
 

Munawarkhan

Chief Minister (5k+ posts)
Once again, watch the show, it will clarify your concerns. There are experts there talking about it.

I am not the right guy.


We don't buy WTI crude, we purchased from OPEC. If we don't buy crude why do we have refineries in the country?
 

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