Pakistan! Stock Pile Strategic Petroleum Reserve Now as Oil Prices Historically Low!!!

[imadul]

Brent Crude $33.41
WTI $25.97.

Hope strategic planners are awake and replenishing and adding to SPR.

 

[AZADPAKISTAN2009]

We have have to import technology to build the tankers to store oil

 

[imadul]

We have have to import technology to build the tankers to store oil

Whatever it takes.

 

[Ahmet Pasha]

Someone make this dude wazir e Petroleum.
A real smart dude on PDF for a change.
Dimagh Blown.

Brent Crude $33.41
WTI $25.97.

Hope strategic planners are awake and replenishing and adding to SPR.

 

[gangsta_rap]

what's petroleum?

 

[Ahmet Pasha]

Stuff you eat cereal with in the morning. Keeps you running till afternoon.

what's petroleum?

 

[nahtanbob]

the money to purchase the crude can be made available.
but how about the physical storage facility ?

 

[Ahmet Pasha]

Mere pas rakhwa do. Gurantee tumhari. Storage mera.

the money to purchase the crude can be made available.
but how about the physical storage facility ?

 

[MastanKhan]

Brent Crude $33.41
WTI $25.97.

Hope strategic planners are awake and replenishing and adding to SPR.

We have no place to stockpile.

 

[-blitzkrieg-]

We have no place to stockpile.

why cant we ask Saudis to sell us something they are yet to extract from the ground?

 

[AZ1]

Pakistan doesng have storage capacity that much.

May be ask china in lower price for storage?

 

[nahtanbob]

why cant we ask Saudis to sell us something they are yet to extract from the ground?

selling implies delivery of physical goods
otherwise seller will charge you for storage

 

[Lincoln]

We have no place to stockpile.

Can we have the Saudi's stockpile for us? He's right though. It's an opportunity not to be missed.

 

[313ghazi]

selling implies delivery of physical goods
otherwise seller will charge you for storage

I suppose it all depends on cost of short term storage + cost of building long term storage.

Does the price difference make that much of an impact to make it economically sensible to go down this road?

 

[-blitzkrieg-]

selling implies delivery of physical goods
otherwise seller will charge you for storage

oil prices are already down..advance payment unlike the deferred payments that Pakistan does for something would be appreciated by Saudis..