EDITION: US | UK | Canada
Thecapitalpost.com - Breaking, International, Business, Sports, Entertainment, Technology and Video NewsThecapitalpost.com - Breaking, International, Business, Sports, Entertainment, Technology and Video News
Sign In|Sign Up
 
 
Bridging The Gap
Saudi Arabia agrees to invest in new oil refinery in Pakistan's Gwadar
  Thursday 04 October, 2018
Saudi Arabia agrees to invest in new oil refinery in Pakistan\'s Gwadar

Saudi Arabia has agreed in principle to invest in a new oil refinery in Pakistan’s deep-water port of Gwadar, the petroleum minister said on Thursday.

The state-owned Pakistan State Oil (PSO) will partner with Saudi state oil giant Aramco on the project, Petroleum Minister Ghulam Sarwar Khan told reporters.

“They showed an interest to immediately invest in the refinery,” Khan said, describing a visiting Saudi delegation.

“We sat down and held initial discussions with them and it was principally decided by both sides that it will be a government-to-government agreement.” Details of the refinery’s costs and scope are to be worked out later, he added.

Source: https://tribune.com.pk/story/1818317/2-saudi-arabia-agrees-invest-new-oil-refinery-pakistans-gwadar/

Bookmark and Share
 
Post Your Comments:
Name :
*
City / State:
*
Email address:
*
Type your comments:
*
Enter Security Code:   


 Latest News »
 
  Trump advocates for more menta...
  'Make sure we win': Donald Tru...
  Trump threatens to retaliate a...
  Trump claims he'll 'end the AI...
  Trump accepts PM Imran's invit...
  Iraqi refugee Nadia Murad to T...
  Trump says U.S. shot down Iran...
  Trump retreats on citizenship ...
  Cities with the biggest Fourth...
  Donald Trump meets Kim Jong Un...
  Supreme Court blocks 2020 cens...
  A US attack could be imminent ...
  Donald Trump formally launches...
  Donald Trump talks health care...
  Tree planted by Trump and Macr...
  Queen Elizabeth greets Donald ...
  Donald Trump to formally decla...
  Trump: I was 'not informed' ab...
  President blasts Biden, Democr...
  Missouri Gov. Mike Parson sign...
 

Washington, DC

  ©2010 The Capital Post. All rights reserved.