The agreement signed between Pakistan Refinery Limited and United Energy Group of China was also witnessed by Caretaker Prime Minister Anwaar-ul-Haq Kakar and Caretaker Minister for Energy Muhammad Ali in Beijing.
Beijing: Pakistan and China on Wednesday signed a Memorandum of Understanding for investment worth 1.5 billion dollars in the petroleum industry.
The agreement signed between Pakistan Refinery Limited and United Energy Group of China was also witnessed by Caretaker Prime Minister Anwaar-ul-Haq Kakar and Caretaker Minister for Energy Muhammad Ali in Beijing today.
Under the agreement, petrol and high-speed diesel obtained from Pak Refinery Ltd will not only replace expensive imported fuel but the total production capacity of the refinery will also increase from two hundred fifty thousand metric tons to one point six million metric tons.
It will also help increase the production of high-speed diesel from six hundred thousand metric tons to two million metric tons.
Ceasefire agreement in Gaza comes into effect, ending two years of Israeli brutality
- 16 hours ago
Browns coach not yet ready to tab Sanders QB2
- 2 hours ago
Paolo Banchero, Trae Young: Breaking down 10 names that could define NBA season
- 2 hours ago
Lowest-priced ChatGPT subscription plan introduced in Pakistan
- 17 hours ago
The Comey prosecution is revealing Trump’s weakness
- 36 minutes ago
Why are US medicines so darn expensive?
- 35 minutes ago
PEMRA council of complaints reviews TV channels’ cases
- 9 hours ago
How everything became left or right “coded”
- 36 minutes ago
Over 200 transgender persons equipped with toolkits under PSDF-Pehchan Program
- 10 hours ago
Martyred Major Sabtain killed 7 Indian-backed terrorists: Interior Minister
- 17 hours ago
Blast on Naseerabad railway track before arrival of Jafar Express
- 17 hours ago
Netanyahu prolonged the war to save himself. It may have worked.
- 35 minutes ago
