New oil refinery, LNG terminal likely to be setup in Pakistan

New oil refinery, LNG terminal likely to be setup in Pakistan
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*ISLAMABAD - Foreign Minister Shah Mehmood Qureshi has said that the UAE has showed an interest in establishing an oil refinery in Pakistan.*

“It will also help create job opportunities for Pakistanis,” the foreign minister said after meeting a UAE delegation on Friday.

Qureshi said that the UAE will establish an LNG terminal in Pakistan and will also consider providing financial help.

The minister said that the UAE delegation is visiting Pakistan on the direct orders of UAE Crown Prince Sheikh Mohammed bin Zayed.

Qureshi said that the agriculture sector was also discussed and they exchanged views over fruit exports. “We also discussed the possibility of installing a food processing factory to increase the life of Pakistani products.”

The minister said that Pakistan has sought the UAE’s help to address the water crisis. They will help us install water distillation plants, he remarked.

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