Providence Resources - Re: PVR Stream Log - In the Examiner article the...

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15:10 25/11/2015

In the Examiner article the magic words from Dept are "operation......on a commercial basis". There will be no state aid in any form given the scale of loss exposure. Crude freight savings ex Barryroe, if achievable, will not offset the inbuilt uncompetitive refining margins. Never seen a refinery statement on the suitability of the crude, which is first question in such an economic analysis.

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