ISLAMABAD: Six Pakistani soldiers and 22 militants were killed in three separate gunfights in Pakistan’s northwestern Khyber Pakhtunkhwa (KP) province, the Pakistani military said on Saturday.
Nine militants were killed and six injured in a gunfight during an intelligence-based operation in KP’s Tank district, according to the Inter-Services Public Relations (ISPR), the military’s media wing.
Ten militants were killed in another operation in the North Waziristan district, while six Pakistani soldiers were killed while repulsing a militant attack, which left three assailants dead, on a check-post in the Kurram district.
“Sanitization operations are being conducted to eliminate any other Kharji [militant] found in the area,” the ISPR said in a statement. “Security Forces of Pakistan are determined to wipe-out the menace of terrorism and such sacrifices of our brave soldiers further strengthen our resolve.”
The attack targeted the check-post near Bagan, a populated locality in Kurram district where fierce sectarian fighting has killed at least 130 people during the past few weeks. However, a ceasefire between the area’s Sunni and Shia communities is holding and the attack on the security check-post was not connected to the recent clashes.
“Kurram is calm but tense amid acute shortage of medicines and edibles,” Kurram police spokesman Riaz Hussain told Arab News.
A jirga, a council of tribal elders, which announced an indefinite ceasefire in Kurram on Friday, was meeting rival Shia and Sunni tribes for a solution to their differences stemming from land disputes.
Pakistan’s Khyber Pakhtunkhwa, which borders Afghanistan, has witnessed a number of attacks by the Tehreek-e-Taliban Pakistan (TTP) and other militant groups that targeted security forces convoys and check posts, besides targeted killings and kidnappings of law enforcers and government officials in recent months.
Last week, an army captain among two Pakistani soldiers and eight militants were killed in two separate operations in KP’s Bannu and Khyber districts, the Pakistani military said.
Pakistan has frequently accused neighboring Afghanistan of sheltering and supporting militant groups, urging the Taliban administration in Kabul to prevent its territory from being used by armed factions to launch cross-border attacks.
Afghan officials, however, deny involvement, insisting Pakistan’s security issues are an internal matter of Islamabad.
Six Pakistani soldiers, 22 militants killed in restive northwest
https://arab.news/bes9t
Six Pakistani soldiers, 22 militants killed in restive northwest
- The soldiers died in an attack in Kurram district where fierce sectarian fighting has killed at least 130 people in past few weeks
- Pakistan has blamed a surge in militancy in Khyber Pakhtunkhwa on militants operating out of Afghanistan, Kabul denies the allegation
Pakistan in talks with Saudi Arabia, China, banks for $2 billion refinery expansion— official
- Islamabad seeks to expand Pakistan Refinery Limited’s crude oil processing capacity from 50,000 bpsd to 100,000 bpsd, says official
- Official says three-year project would need $2 billion investment, with 60-70 percent to be raised through debt financing
KARACHI: Pakistan’s government and the state-owned Pakistan Refinery Limited (PRL) are in talks with Saudi Arabia, China, global commercial banks and financial institutions to secure funding for a $2 billion refinery expansion project, an official said on Tuesday.
The PRL is an energy company located in Pakistan’s commercial hub Karachi. With a processing capacity of 50,000 barrels of crude oil per day, it supplies refined petroleum products countrywide. It is a subsidiary of the state-owned Pakistan State Oil (PSO), which owns 63.56 percent of its shares.
Pakistan is seeking partners that can finance PRL’s Refinery Expansion and Upgrade Project (REUP). The official confirmed that REUP is part of Pakistan’s Brownfield Refinery Policy, which aims to upgrade the nation’s five existing oil refineries to deep conversion refineries, with a combined crude processing capacity of about 350,000 barrels per stream day (bpsd). The total project cost to upgrade these five refineries has been estimated at $5-6 billion.
“We are in contact with Saudis, Chinese, Export Credit Agencies and Development Finance Institutions and others to obtain the financing and firms have shown interest,” an official with direct knowledge of the development told Arab News on condition of anonymity as he was not authorized to speak to media.
The official said that the government was in talks with investors in Saudi Arabia while the PRL was in contact with the Chinese government and ECAs, DFIs and global commercial banks.
The PRL aims to double the crude processing capacity of its Karachi hydro-skimming plant to 100,000 bpsd, produce Euro V-compliant motor spirit and diesel, meet evolving environmental standards and decrease Pakistan’s reliance on imported fuels.
The move would help Pakistan reduce its reliance on costly fuel imports. The South Asian country imported petroleum products worth $16 billion in fiscal year 2025, more than 27 percent of its total imports.
“The project is estimated at $2 billion and is to be implemented in 36 months with debt ranging between 60-70 percent,” the official said.
He added that potential investors may secure an equity stake in the project.
Pakistan’s Petroleum Minister Ali Pervaiz Malik visited Saudi Arabia earlier this month to lead a high-level delegation at the Future Minerals Summit. There, he reportedly met investors and briefed them on REUP.
Malik and the petroleum ministry spokesperson Zafar Abbas did not respond to Arab News’ request for comments on the matter.
The official said Saudi authorities have asked Pakistan to brief them on the project. He said the government has planned an official visit “in the near future” to the Kingdom, where Saudi investors would be given the required briefing.
The official said once the required financing is available, PRL would aim to achieve REUP’s financial close by December and begin work on the project in January 2027.
“All our potential financers are expected to undertake due diligence of the project in the coming months,” the official said.
Sheikh Imran ul Haque, project director of the PRL, said the company was making steady and measurable progress on REUP, a strategically significant initiative designed to enhance refining capabilities and product quality.
“PRL has successfully completed detailed technical and commercial evaluations with EPC (engineering, procurement and construction) bidders,” he told Arab News.
Haque said the company’s next target is signing the EPC contract in the first quarter of 2026.
He said this would be followed by the financial close at the end of the year, marking the formal transition of REUP from its development phase to the execution one.
Pakistan has desperately tried to reform its economy by looking for cheaper sources of fuel. Its refining sector has long struggled with aging infrastructure, limited upgrading and thin margins.
Industry officials argue that over-reliance on imports increases exposure to global price volatility, shipping disruptions and foreign exchange pressure.
