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.
Trump says Sundar Pichai talked him out of renaming the Atlantic Ocean
- a day ago
Should you let a chatbot manage your money?
- a day ago
Jack Dorsey’s Block made an AI model that talks to you like an awkward new friend
- a day ago
Trump is trying to overturn an election that hasn’t happened yet
- a day ago
Delta can turn the iPhone Duo into your favorite folding handheld
- a day ago
Microsoft shuts down its beloved maker space
- a day ago
Sure, let’s smoosh SpaceX and Tesla together, who cares
- a day ago
OpenAI now trains its frontier AI models with no internet access
- a day ago
What do you do when your love and your life are in two different places?
- 7 hours ago
Apple will label apps that are ‘Made for iPhone Duo’
- a day ago
PHP: The three little letters wreaking havoc across the web
- a day ago
Samsung’s latest 55-inch Frame TV is down to its lowest price yet
- a day ago
