Govt launches diplomatic push to win over Riyadh, Chinese firm for $10bn green refinery project

ISLAMABAD: Islamabad has launched a diplomatic push to win over Saudi Arabia (KSA) and Chinese company Sinopec, known for installing refineries, to set up the $10 billion state-of-the-art and deep conversion refinery with the capacity to refine crude oil of 300,000 barrels per day (BPD) in Pakistan, reported The News on Monday. “Pakistan’s ambassador in Saudi Arabia has been asked to approach the authorities in Kingdom of Saudi Arabia to facilitate in taking the project forward. The Foreign Office has also been directed to assist in pursuing the project through diplomatic channels, particularly engaging the Sinopec in China to pursue it to become a part of the mega project,” senior officials, privy to the development, told The News. “After PSO’s…

Source: GEO TV
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