VOL. XLIV
No. 09
26-February-2001
UAE/PAKISTAN
Parcos $886Mn 100,000 B/D Oil Refinery Project Inaugurated
The military ruler of Pakistan, Gen Pervez Musharraf, on 19 February inaugurated a 100,000 b/d oil refinery, built at Mahmoodkot near Multan at a cost of $886mn by Pak-Arab Refinery Ltd (Parco), a joint venture between the governments of Pakistan and Abu Dhabi. The UAEs Oil Minister 'Ubaid bin Saif al-Nasiri attended the inauguration ceremony. Pakistans share of the project is 60%, while Abu...
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