UAE firm to set up oil refinery in Pakistan (The Frontier Star (Pakistan))

Al-Motahaden Petroleum Refineries of United Arab Emirates will invest US$ 500 million for setting up an oil refinery in Pakistan to fulfill the energy requirements. The oil refinery would be set up preferably in the Khyber Pakhtunkhwa Province in order to enhance oil refining capacities and economic development of the country. In this regard a Memorandum…