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Haifa Oil Refinery

Volume 467: debated on Tuesday 12 July 1949

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71.

asked the Minister of Fuel and Power what is the estimated loss in dollar revenue so far to this country arising from the closing down of the British owned oil refineries at Haifa.

There has been no direct loss of dollar revenue from oil sales as a result of the closing down of the Haifa refinery. With the refinery operating there might have been some saving in dollar expenditure on oil though it is not possible to evaluate this.