<b>Work on Indus Refinery stopped on security fears</b>
<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->KARACHI : Work on 93,000 barrels per day Indus Refinery Limited (IRL) <b>has been put on hold after the projectâs sponsors completely backed out in the wake of deteriorating security situation in the country,</b> company chairman told The News.
âOriginal partners are no longer with us and now I am in search of new investors,â Sohail Shamsi said, adding the refinery had been left half built. <b>âFirst, it were the riots after the assassination of Benazir Bhutto that forced contractors to stop work and then terrorist attacks which have scared away our partners.â</b><!--QuoteEnd--><!--QuoteEEnd-->
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