An Examination of Refineries and the Effects of Subsidy Elimination
Dormant Refineries and Their Obstacles
Refineries that have remained inactive for more than 40 years cannot feasibly restart operations in a mere two years, even with significant financial investments directed towards their rehabilitation.
Key Factor: Elimination of Subsidies
What has changed? The pivotal moment rests in the abolition of subsidies.
This essential policy alteration has profoundly reshaped the operational and economic framework for these refineries, thereby directly influencing their viability and long-term sustainability.
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