Industry

Petrochemical complex planned in Gwadar

ISLAMABAD, February 28, 2019: A state-of-the-art oil refinery and petrochemical complex, being established at Gwadar deep seaport city.

An official source in Petroleum sector privy to the developments told that these projects will have tremendous potential to capture markets in China and Central Asian landlocked states where fuel supply takes weeks to reach through other routes.

Under the China Pakistan Economic Corridor (CPEC), the fuel transportation to China via Pakistan would take just seven days as import through western China takes almost 40 days.

 

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