Saudia Arab to set Oil Refinery in Pakistan, lend $ 3 Billions dollars & Oil on deferred payment

[El Sidd]

4 din pehlay khareeda hai oil ADNOC station se. 10000 kms chalay gi car abb meri

Secondly.. mujhay topi pehen ke namaz parhnay ki aadat nahi..

Kese line pe agaye forun.

 

[PakSword]

Kese line pe agaye forun.

Beta bach gaey abhi default honay se uss ki khushi manao.. warna Pakistan main Afghani currency chal rahi hoti.. tum anday Afghani currency se khareedtay..

 

[Mentee]

It's $6 billion in aid: $3 billion for deferred payments of oil and $3 billion to boast reserves.



Moreover, both sides agreed to lower working visa fee for Pakistanis.

How is this pile of dollars aid when it's going to be paid back?

 

[YeBeWarned]

Good job PM Imran Khan ..

 

[El Sidd]

Beta bach gaey abhi default honay se uss ki khushi manao.. warna Pakistan main Afghani currency chal rahi hoti.. tum anday Afghani currency se khareedtay..

Lol

Kia bolega ab

 

[Chakar The Great]

As we all know Saudi Arabia has announced to give Pakistan $3 billion in foreign currency support for a year and a further loan worth up to $3 billion in deferred payments for oil imports to help stave off a current account crisis.

"It was agreed Saudi Arabia will place a deposit of $3 billion for a period of one year as balance of payment support," the ministry said in a statement.

In addition to this assistance Saudi Arabia has also agreed to establish an oil refinery at Gwadar. I wanted to high light few points about this investment. In Jan 2018 government of Pakistan annouced that an oil city will be established in Gwadar , and 80,000 acre of land has been allocated for same. Saudi Arabia is expected to make an initial investment of US $ 8 Billion. It is expected that in the second phase the investment will further go up. Three important points with regard to the Saudi investment are as follow,

1)Talks with Saudi Arabia on $8bn Gwadar refinery in final stages
2) World’s third biggest oil refinery will be installed in Gwadar
3) Saudi Arabia's oil refinery in Gwadar likely to threaten Chabahar port
4) No guarantees or reassurances given to Saudi Arabia regarding Pakistan sending troops to Yemen.


To the point comments and further addition from members would be appreciated.

 

[BHarwana]

First of all this refinery is no threat to Chabahar rather it is threat to USA as this refinery will be aimed towards China and use CPEC.

This refinery will decrease the oil refining price in Pakistan. As the refinery is in partnership with PSO and Aramco. They news refineries are more efficient and refine oil much cheaper.

 

[PakSword]

Oye bhai @BHarwana yeh Saudi conference tou Saudion ne apnay mulk main sarmaya kari ke liey karwai thi.. wahan hamaray PM ne apnay mulk ko market kardia.. yeh tou main ne abhi socha..

 

[touela]

Any idea about how Many ppl Can work in the refinery?

 

[Hakikat ve Hikmet]

And, Imran Bey has done all these staffs with just 2 months in the office!!!! He is a damn fast fellow both in physique and mind!!!!

Yes, it's what I call negotiation even when you're in an apparently weaker position!!! And, the China trip is ahead!!!!! I think after Jinnah and Bhutto, he's the 3rd Pak statesman to be good at negotiation!!! Never say die...

First of all this refinery is no threat to Chabahar rather it is threat to USA as this refinery will be aimed towards China and use CPEC.

This refinery will decrease the oil refining price in Pakistan. As the refinery is in partnership with PSO and Aramco. They news refineries are more efficient and refine oil much cheaper.

I am hopeful that this refinery is gonna refine tons of indigenous Pak oil....

BFF .....

With MBS/MBZ spoiling and spiraling around, what other options do you have???? And, Reis Erdo'an is in no mood to bail out MBS/MBZ....

We should get help from Saudi Arabia to assassinate Mariyum Nawaz & Zardari for best interest of Pakistan. I don’t think we have ability . Let get help from brothers. We need to make example, they washed hands in corruption ,they left us in such condition it will take years to bring economy back on right track.

That "7-minuter" is a gem!!! He may train some BAT folks so that it also becomes a part their regular training regime!!! And, (not to mention LOC) they can help fetch 350b$ of Pak's very own money out of the foreign lands....

 

[BHarwana]

Oye bhai @BHarwana yeh Saudi conference tou Saudion ne apnay mulk main sarmaya kari ke liey karwai thi.. wahan hamaray PM ne apnay mulk ko market kardia.. yeh tou main ne abhi socha..

The best thing about IK is when goes abroad he goes for Pakistan rather than personal agenda. In front of so many investors he talked about up lifting Pakistan and his words were the best support China could get for BRI. Imran Khan used the opportunity to its best advantage.

 

[Verve]

This is the year of good news ... cushion from dire IMF conditions, Nawaz done, Zardari nearly done ...politician mullah done, seculars (ANP) done ... now bring back the looted wealth and pay off these loans.

 

[Hakikat ve Hikmet]

There were few external factors that help Imran Khan or you can his naseeb was good. Any how this is good news from all prospects for both Saudis and Pakistan.

I count more on the Baht (good fortune) of the brave leaders with Iman and Ihlas like Reis Erdo'an and Imran Bey than on their capabilities!!!! Fortune favors the brave....

 

[Mentee]

I count more on the Baht (good fortune) of the brave leaders with Iman and Ihlas like Reis Erdo'an and Imran Bey than on their capabilities!!!! Fortune favors the brave....

Don't know why this "Bey" cracks me up so hard . I think it prolly mirrors the same humor for me like when someone asks in a local faisalabadi accent

"Beeray Roti Kh la "

@Hell hound @tps77

 

[Tps43]

Don't know why this "Bey" cracks me up so hard . I think it prolly mirrors the same humor for me like when someone asks in a local faisalabadi accent

"Beeray Roti Kh la "

@Hell hound @tps77