A Saudi delegation visiting Islamabad has held talks about potential investment in a proposed refinery at Pakistan’s port of Gwadar, with intended throughput capacity of 500,000 b/d, costing $8-9bn, according to Pakistan’s Dawn newspaper.

Pakistan’s Minister of Petroleum Ghulam Sarwar Khan says he is looking to sign an MoU for the project soon. However, Pakistan will see a number of projects already in the queue for Aramco investment. Aramco has to date signed up for...