PM Shehbaz Sharif is hopeful of Saudi Arabia establishing a $9-10 billion Oil Refinery in Pakistan.
PM requested the Saudi government to make investments in Pakistan during his recent tour. Prince Salman also showed a Willingness in making investments.
Prince Salman further said they have brotherly relations with Pakistan and they will invest in more projects including Oil Refinery.
The oil refinery project was agreed upon in 2019 but no further progress was made during the last 3 Years.