They have no oil and gas but - what the heck - they have ELECTRICITY.
Of the 500 - 700 jobs it will create at least 1/5th will require a university degree. But no problem there either. I am sure they can attract some of our graduates.
The environmental review is set for September with the refinery expected to be up and running within a few years.
And because they are always planning one of the proponents says:
"The process of refining oil causes pollution, but the organizers of the project claim that the fuel produced is cleaner than the fuel which is imported to Iceland, so once Iceland’s car and ship fleet would use the fuel produced in the oil refinery, the total pollution in Iceland would be reduced."
Don't you wonder about the Premier's apparent ignorance.
