The ministers and Saudi delegation also discussed likelihoods of economically supporting Pakistan. “We are going to sign an agreement with Saudi government next month over installing an oil refinery in Gwadar that would induct Saudi Arabia as the third partner in CPEC,” Ghulam Sarwar Khan told the delegation. He said that no one could deny the importance of Gwadar port and after the completion of CPEC, the port city would be the economic hub of the region. Sharing details of the visit on the social media, Buledi said that discussion on the $10 billion oil refinery in Gwadar was held with Saudi minister for petroleum and energy. On the occasion, Buledi also presented a souvenir to the Saudi minister.

Source: The Express Tribune January 12, 2019 10:41 UTC