Pakistan refineries sign long-awaited $6bn modernisation agreements

Cnergyico Pk Limited refinery plant and crude oil storage tanks at the Hub coast in Balochistan province, March 18, 2026. — AFPARL, NRL, Cnergyico and PRL sign refinery agreements.Parco is expected to sign refinery upgrade agreement soon.Projects could save $1.5bn annually in foreign…

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