PARCO Oil Refinery, A good news for the Pakistan petroleum sector

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PARCO Oil Refinery, A good news for the Pakistan petroleum sector

ISLAMABAD: Prime Minister Imran Khan said on Monday that completion of the oil refinery project by Pak Arab Refinery Limited (PARCO) would help the country enhance its capacity to produce petroleum products at local level.

Presiding over a meeting on the establishment of Coastal Oil Refinery by PARCO, the PM termed the addition of PARCO’s refinery as a “good omen” for the country’s petroleum sector.

Power Minister Omar Ayub Khan and Special Assistant to PM on Petroleum Nadeem Babar were also present on the occasion.

The meeting was informed that work on the construction of the [refinery] terminal would start within the next six months, while that on the establishment of the refinery would commence after a year.