UAE to construct oil refinery in KP

PESHAWAR: A United Arab Emirates (UAE) based company has agreed to invest five hundred million dollar in the construction of oil refinery in southern areas of Khyber Pakhtunkhwa (KPK).
According to sources a memorandum of understanding has already been signed with the company.
The sources said that Karak and Kohat districts are producing forty five thousand barrels crude oil daily.

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