{"id":89898,"date":"2022-11-09T10:00:00","date_gmt":"2022-11-09T05:00:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=89898"},"modified":"2022-11-08T17:35:55","modified_gmt":"2022-11-08T12:35:55","slug":"china-saudi-to-co-finance-oil-refinery","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/china-saudi-to-co-finance-oil-refinery.html","title":{"rendered":"China, Saudi to co-finance oil refinery in Pakistan"},"content":{"rendered":"\n<p>Islamabad: China and Saudi Arabia will co-finance a state-of-the-art oil refinery in Gwadar, at a total cost of USD 10 billion, according to news published on November 8.\u00a0<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/ogdcl-oil-reserves-attock-punjab.html\" target=\"_blank\" rel=\"noreferrer noopener\">OGDCL discovers oil reserves in Attock, Punjab<\/a><\/p>\n\n\n\n<p>The news source mentioned that initially, the <a href=\"https:\/\/www.zameen.com\/news\/chinese-firm-setting-up-oil-refinery-gwadar.html\" target=\"_blank\" rel=\"noreferrer noopener\">Chinese companies<\/a> will handle the operations of the refinery once the project is completed. As per the details, Saudi Arabia\u2019s Crown Prince and Prime Minister (PM) Mohammed bin Salman is scheduled to visit Pakistan this month. It is hoped that during the visit, Pakistan will get a USD 4.2 billion bailout package.\u00a0<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/saudia-invest-usd-1-bn-pakistan.html\" target=\"_blank\" rel=\"noreferrer noopener\">Saudia to invest USD 1 bn in Pakistan<\/a><\/p>\n\n\n\n<p>Moreover, Saudi Arabia is expected to make solid investments in the country. The news source revealed that during the visit, several petroleum agreements will be signed between the two countries.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: China and Saudi Arabia will co-finance a state-of-the-art oil refinery in Gwadar, at a total cost of USD 10 billion, according to news published on November 8.\u00a0 Read: OGDCL discovers oil reserves in Attock, Punjab The news source mentioned that initially, the Chinese companies will handle the operations of the refinery once the project is completed. As per the details, Saudi Arabia\u2019s Crown Prince and Prime Minister (PM) Mohammed bin Salman is scheduled to visit Pakistan this month. It is hoped that during the visit, Pakistan will get a USD 4.2 billion bailout package.\u00a0 Read: Saudia to invest USD 1 bn in Pakistan Moreover, Saudi Arabia is expected to make solid investments in the country. The news source revealed that during the visit, several petroleum agreements will be signed between the two countries.&nbsp;<\/p>\n","protected":false},"author":83,"featured_media":64402,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15020],"tags":[54844,54716],"persona":[],"class_list":{"0":"post-89898","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-social-developments","8":"tag-china-saudi-to-co-finance-oil-refinery-in-pakistan","9":"tag-oil-refinery-in-gwadar","10":"cat-15020-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>China, Saudi to co-finance oil refinery in Pakistan - Zameen News<\/title>\n<meta name=\"description\" content=\"China and Saudi Arabia will co-finance a state-of-the-art oil refinery in Gwadar, at a total cost of USD 10 billion.....\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/china-saudi-to-co-finance-oil-refinery.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China, Saudi to co-finance oil refinery in Pakistan - Zameen News\" \/>\n<meta property=\"og:description\" content=\"China and Saudi Arabia will co-finance a state-of-the-art oil refinery in Gwadar, at a total cost of USD 10 billion.....\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/china-saudi-to-co-finance-oil-refinery.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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