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Pakistan is set to sign an important oil refinery agreement with Saudi Arabia at World Mineral Conference during the first week of August.
The signing of this crucial agreement is anticipated to take place during the upcoming World Mineral Conference. Pakistan is set to host a two-day international mineral conference scheduled to commence on July 31.
Invitations have been extended to Saudi Arabia, the United Arab Emirates (UAE), and other countries to participate in this conference. The event aims to facilitate discussions and collaborations in the mineral sector, fostering opportunities for investment and development.
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Officials from the Ministry of Petroleum have shared that Memorandums of Understanding (MoUs) between Pakistan and Saudi Arabia have already been successfully executed, paving the way for the forthcoming agreement.
This agreement will solidify the partnership and further progress toward the establishment of the oil refinery, the officials added.