City
Epaper

Pakistan, China agree to work on 4 key projects

By IANS | Updated: November 14, 2019 09:25 IST

Pakistan and China have agreed to work on four key projects for oil and gas cooperation including finalisation of feasibility study on South North Gas Pipeline Project by Power China International Group of Companies and upgradation of Pakistan Refinery Ltd, Karachi.

Open in App

Top official sources told The News International on Wednesday that under the China-Pakistan Economic Corridor (CPEC) framework, among several projects that were discussed at the experts' level, following were recommended to be considered, in the first instance, for early implementation under CPEC.

It included finalization of feasibility study on South North Gas Pipeline Project by Power China International Group of Companies; upgradation of Pakistan Refinery Ltd Karachi; coal to Liquid Engineering Plant based on Thar Coal at Thar Sindh; and both sides appreciated the concept to include Thar Block-VI for Coal gasification to Fertilizer projects under CPEC and desired to undertake a feasibility study for further evaluation.

Given the proposed projects to be helpful in development of oil and gas industry, the officials said that both sides agreed that these projects will be included in the "Development Plan for Pakistan Oil and Gas Industry".

Both sides agreed to make the Development Plan more actionable for quality development of CPEC with ready projects.

The $60 billion CPEC is a key project of Beijing's Belt and Road initiative that aims to connect Asia, Africa and Europe through a vast network of highways, rail lines and sea lanes.

The multi-billion dollar corridor connects the Chinese city of Kashgar with Pakistan's Gwadar port on the Arabian Sea.

( With inputs from IANS )

Open in App

Related Stories

International"Yunus government is completely illegal": Switzerland Awami League General Secretary

CricketWomen's World Cup 2025: India defeat SL by 59 runs

Cricket"Outstanding to watch": India captain hails Deepti Sharma, Amanjot Kaur's match-winning partnership

AurangabadKalasagar Dandiya Utsav 2025 a great success

NationalAction against Sonam Wangchuk based on credible inputs & documents: Ladakh Admin

International Realted Stories

InternationalOngoing offensive creating new opportunities, bringing Israel closer to achieving its war objectives: IDF Chief

InternationalBangladesh rights group expresses dismay over Yunus's denial of minority persecution

InternationalH-1B visa crackdown to push US firms to shift operations in India: Report

InternationalAwami League holds protest in Geneva against Yunus govt in Bangladesh

InternationalTrump praises Pak leadership for 2nd time in two days, again claims to stop India-Pak war