KARACHI:
Prime Minister Nawaz Sharif is addressing the inauguration ceremony of Byco Oil Refinery, the country’s largest oil refinery, in Balochistan’s Hub region on Friday, according to sources.
Nawaz was received in Karachi by Sindh Chief Minister Qaim Ali Shah before he departed for Hub to attend the ceremony.
Present at the inauguration ceremony is Balochistan Chief Minister Dr Abdul Malik Baloch, Senator Saleem Mandviwalla and Balochistan’s Senior Minister and provincial President of the Pakistan Muslim League- Nawaz (PML-N) Sanaullah Zehri.
Speaking at the occasion, he claimed that the oil refinery in Balochistan was ‘an important milestone’. He further added that it would lead to economic development and provide employment.
He said some $750 million will be invested the second phase of the oil refinery project. He said 22 million tonnes of oil was currently being used in the country, according to sources.
