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Petroleum storage: Once a monopoly, always a monopoly
Aug 24: Petroleum storage facilities built at Indian ports allow for long term monopolies to develope
8The case at point is the naphtha storage facilites at Uran and Hazira, where ONGC is forced to pay a continuous amount of rent as there are no other competing facilities.
8Once built, they provide a lifetime of return
8For a new comer, the attendant networks, from railway lines to pipelines are impossible to built
8Should there be third party access built into these storage capacities therefore?
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