Pakistan seeks to boost Russian oil imports – report ...News

A planned Saudi-backed refinery could help process “increasing volumes” of crude, Nikkei Asia reports Pakistan is hoping to import more crude oil from Russia and may use an oil refinery it is planning to build with Saudi financing to process it, Nikkei Asia reported on Tuesday, citing its sources. Four leading Pakistani oil companies signed a memorandum of understanding with state-owned Saudi Arabian company Aramco last week for a $10 billion integrated refinery petrochemical complex with a crude oil processing capacity of a minimum of 300,000 barrels per day, along with a petrochemical facility. This comes as the

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