GWADAR: The government’s revenue department in Quetta has initiated the process to demark land for the establishment of Saudi Aramco oil refinery worth $10 billion, informed Gwadar Development Authority (GDA) Director-General Shahzeb Khan Kakar.
The land allocation process for the project signed between the two countries is expected to be completed within a couple of months.
The mega refinery project will have a capacity of between 250,000 barrels per day (bpd) to 300,000 bpd.
While visiting Prime Minister Imran Khan last year, Saudi Crown Prince Muhammad bin Salman had signed seven investment agreements of worth $20 billion in the energy and petroleum sector.
The signed deals included a grant of $2 billion which was planned to be invested in Pakistan’s renewable energy sector by ACWA Power- a Saudi power producing company, $4 billion for Regasified Liquefied Natural Gas plants, a $1 billion Saudi Fund for Pakistan, $1 billion to be invested in petrochemical, food and agricultural projects each, and $2 billion investment for the minerals sector.
For news and blogs, visit Graana.com.
Dubai’s residential real estate market maintained its upward momentum in November 2025, with the latest…
Saudi Arabia’s Real Estate General Authority (REGA) has announced the launch of a new platform…
Dubai: Tomorrow World Group, a global enterprise with a 20-year presence in the emirate, has…
Islamabad: The Capital Development Authority has begun a citywide rehabilitation and upgrading campaign, starting…
Dubai: The emirate’s real estate sector continued its strong performance in November 2025, posting transactions…
The 19th Real Estate Development Summit Saudi Arabia Luxury Edition ended after two days of…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
