China Saudi Arabia

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

By Ismail Dilawar · 28 January 2026