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March 2, 2021
Pakistan has confirmed that its plan to develop a massive oil city in Balochistan’s Gwadar district, which will also host the $10 billion Aramco oil refinery, that is expected to be ready by the end of this year.
The development assumes significance as Pakistan seems to have mended its ties with Saudi Arabia after the two countries faced many setbacks in their relations in 2020.
The proposed model city, to be developed on 88,000 acres of land in Balochistan’s Gwadar district, will host the infrastructure to refine and process petroleum products, the supplies of which will come from the Gulf countries, to be used for local consumption.