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Re: [nukkad] SEPTEMBER 22nd 2006



I do not know about the price in Pakistan, but Malaysia is a fairly
large producer of oil, with huge reserves and therefore do not have to
import crude.
Subsequently i found this
http://pakistantimes.net/2005/02/04/editorial.htm
quote "THE Oil Companies Advisory Committee has raised prices of
petrol by Rs 2 per litre bringing it to Rs 42.39 per litre," this
price is over a year ago so obviously whoever the original author of
that mail is/was bullshitting.
One of the reasons for a high price is to keep consumption low, but
that appears to be a defeated purpose.
I know of one company in South India, owned by two NRI's and basd out
of London, they get paid Brent crude prices for delivery to Madras
Refineries in Chennai, so although the crude is Indian, the prices are
foreign.
Ravi


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