ISLAMABAD: For the first time, Pakistan has initiated diplomatic endeavours to effectively persuade the Kingdom of Saudi Arabia (KSA) and Sinopec — one of the biggest Chinese companies known for installing refineries — to help materialise the dream of setting up $10 billion state-of-the-art and deep conversion refinery with the capacity to refine crude oil of 300,000 barrels per day (BPD). “Pakistan’s ambassador in Saudi Arabia has been asked to approach the authorities in KSA to facilitate in taking the project forward. The Foreign Office has also been directed to…
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