The proximity of Gwadar to energy-rich nations enhances energy security for countries dependent on oil and gas resources. It offers alternative routes for the transportation of energy resources, reducing vulnerability to disruptions in traditional supply chains. Gwadar is emerging as an energy corridor of immense significance.
Will Saudi Arabia build Pakistan’s largest oil refinery?
Islamabad: Four Pakistani state-owned petroleum companies have signed a memorandum of understanding with Saudi Arabia to build Pakistan’s largest oil refinery with an investment of USD 10 billion in the strategic Gwadar Port, according to a media report on Friday.
Is Sharif planning a greenfield refinery project at Gwadar Port?
The government headed by Prime Minister Shehbaz Sharif is reportedly in the advanced stages of negotiations with Saudi giant Aramco to execute the greenfield refinery project at the strategic Gwadar Port and wants to complete the initial paperwork before its tenure ends in two weeks.
Should you start a cooking oil production business?
So if you want to start a small business or self-employment business, a cooking oil production business may be the best option to consider. Step 1. Learn more about the business