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Saudi Arabia is moving ahead with a $10B oil refinery in Gwadar.
Aramco teams up with PSO, OGDCL, PPL & GHPL, with local firms contributing around 40–45%.
The refinery will handle 300K–400K barrels daily, cutting down the country’s oil import costs.
First proposed in 2019 — now finally gaining momentum with tax incentives and full backing.