ISLAMABAD—Saudi officials are due in Pakistan for talks starting Monday over a proposed multibillion-dollar oil refinery and other investments, Pakistani officials said, as Islamabad seeks new…
ISLAMABAD—Saudi officials are due in Pakistan for talks starting Monday over a proposed multibillion-dollar oil refinery and other investments, Pakistani officials said, as Islamabad seeks new sources of outside cash to avoid falling further into Chinese debt.
Saudi Arabian Oil Co., the state-run oil giant known as Aramco, is negotiating investing in the refinery, a person close to the Saudi side of the talks said.