Drugb posted:Stormborn posted:Drugb posted:Come in PNC apologists, let us hear your excuses.
A refinery was one of the PPP graft schemes. Spend lots of cash on another white elephant and you have lots of leeway to get lucrative cuts you can pocket. Presently, we do not know the longevity of our oil resources. At the moment the state is getting speculating on half a billion income a year for the next 15 When that income reaches about ten billion a year and the life of our oil fields extend to about 30 years such a project needs to be scaled down to small portable plants that can meet our own emergency needs
PPP never promised to spend tax payers money on refinery. It was a private venture proposed by an investor. Get your facts straight.
Yes they did. They already awarded 25 hectares ranging over the area of crab Island in Berbice to the Beharry group with whom they hoped to partner. It was going to be a private venture in words only like the berbice river bridge or the Marriott.