Pakistan Inks Deals With Local, Chinese Firms For Saudi-Backed Oil Refinery
Islamabad: Pakistan’s Minister of State for Petroleum Musadik Malik said on Thursday that four Pakistani public entities signed three memorandums of understanding to raise the necessary local equity for a multibillion-dollar Saudi refinery project, as well as an engineering, procurement, and construction contract with a Chinese firm, according to Arab News.The USD 12 billion Saudi project, with a