Tag: Refinery

Saudi Arabia has recently decided that it would build an Aramco Oil Refinery in Gwadar Pakistan. Gwadar is the world's only deep-sea port but unfortunately, Pakistan could not use it for decades. This is because firstly Pakistan did not have enough economic stability to fund the port for operations. The second and main reason behind the closure of Gwadar port is the state of threat and terrorism in the province. However, in the past few years, the government was able to somehow manage both of these problems. Saudi Arabia is an old friend of Pakistan due to its diplomatic and religious ties. Saudi Arabia has announced that it would build an Aramco Oil Refinery in Gwadar. The government of Pakistan was continuously pushing KSA to invest more money into Pakistan. Saudi Arabia had agreed t...