Pakistan mulls selling its Reko Diq shares to Saudi Arabia, anticipates $10 billion refinery deal : vimarsana.com

Pakistan mulls selling its Reko Diq shares to Saudi Arabia, anticipates $10 billion refinery deal

The federal government of Pakistan is considering selling its shares in the Reko Diq project to Saudi Arabia to attract investment. The revised agreement states that Barrick Gold Corporation holds 50% of the shares, while Antofagasta has withdrawn. Three federal government agencies own 25% of the project, and Balochistan owns the remaining 50%. The newly established Special Investment Facilitation Council has requested that the deal with Saudi enterprises be completed in the coming months.

Related Keywords

Reko Diq , Balochistan , Pakistan , Saudi Arabia , Chile , Saudi , Saudis , , Oil Gas Development Company , Investment Facilitation Council , Pakistan Petroleum , Government Holdings Private , News International , Barrick Gold Corporation Of Canada , Pakistan Minerals Private , Government Holdings Private Limited , Barrick Gold Corporation , Gas Development Company Limited , Pakistan Petroleum Limited , Special Investment Facilitation Council , Holdings Private Limited , Reko Diq Project , Pakistan Minerals , Securities Act , Pakistan Reko Diq , Pakistan Refinery , Refinery Deal , Oil Deals , Barrick Gold ,

© 2024 Vimarsana