(EnergyAsia, April 16) — Citing high investment costs and the added burden for end-users, the Pakistani government has rejected the World Bank’s call for building up its strategic oil stockpile. The World Bank had raised the idea that Karachi impose new taxes on oil sales in order to raise the capital outlay of Rs14…
Pakistan: “No” to World Bank calls to raise oil storage capacity
Posted on April 16, 2007 by EnergyAsia