Energy Sector - 2

[Naresh]

<!--QuoteBegin-Mudy+Jun 2 2006, 06:57 PM-->QUOTE(Mudy @ Jun 2 2006, 06:57 PM)<!--QuoteEBegin--><b>The bad outweighs the good in our economy </b>
FT
Farrukh Saleem : <i>Our economy is freer than India's; yet, foreigners do not invest here. Why?</i>  <!--emo&--><img src='style_emoticons/<#EMO_DIR#>/biggrin.gif' border='0' style='vertical-align:middle' alt='biggrin.gif' /><!--endemo-->
   
Four, the market size, particularly Pakistani purchasing power, is not at a level whereby it can attract serious dollars. Shaukat Aziz has done what he could and 9/11 has done what it could.<b> <span style='font-size:14pt;line-height:100%'>Pakistan can attract serious-investment dollars only if multinationals can be assured access to the Indian market (to be sure, the Iran pipeline is feasible only if India is a buyer).</span></b> <!--emo&--><img src='style_emoticons/<#EMO_DIR#>/biggrin.gif' border='0' style='vertical-align:middle' alt='biggrin.gif' /><!--endemo-->

[right][snapback]52017[/snapback][/right]<!--QuoteEnd--><!--QuoteEEnd-->

<b>Mudy Ji :</b>

Absolutely and Entirely Correct.

Pakistan’s Projected demand for Natural Gas in 2010 is Half a Billion Cubic Feet a Day.

This will require a Twelve Inch Pipe Line and the only saving between a 48-42-36 Inch Pipe Line and a Twelve Inch Pipe Line is the Difference in the Cost of Steel Pipes.

All other costs remain nearly the same.

Thus compared to a 48-42-36 Pipe Line a Pipe line of 12 Inches transporting Half a Billion cubic Feet per Day of Natural Gas will be “ruinously” uneconomical.

Cheers <!--emo&:beer--><img src='style_emoticons/<#EMO_DIR#>/cheers.gif' border='0' style='vertical-align:middle' alt='cheers.gif' /><!--endemo-->