Saudi Arabia, Pakistan ink oil supply deal – Minister

Riyadh – Mubasher: Saudi Arabia has signed an agreement with Pakistan to supply the South Asian country with oil and petroleum products over the coming period, the kingdoms energy minister said.

The two Asian nations also inked a raft of memorandums of understanding (MoUs) to boost cooperation in refining, petrochemicals, renewable energy, and mining sectors, Khalid Al-Falih said on Twitter.

The agreements were signed during Saudi crown prince Mohammed bin Salman’s visit to Pakistan.

Bin Salman signed around eight contracts with the Pakistani authorities with a combined investment of $20 billion.

Mubasher Contribution Time: 18-Feb-2019 07:11 (GMT)
Mubasher Last Update Time: 18-Feb-2019 07:20 (GMT)