Saudi Arabia has proposed setting up a multibillion-dollar oil refinery in Pakistan’s port city of Gwadar, Arab News reported, citing Pakistan’s Commerce Minister Abdul Razak Dawood.
Currently, a high-level Saudi delegation is on a five-day visit to Islamabad.
“The Saudi delegation has expressed interest in an oil refinery, the power sector, setting up a desalination plant, wind projects, and solar power projects,” Pakistan’s Commerce Minister Abdul Razak Dawood told the daily.
The Kingdom has also expressed interest in acquiring stakes in liquefied natural gas power plants in Punjab province, he revealed.
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