The government of Pakistan highly appreciates Kuwaiti Midrock company's $2 billion investment plan in Lube Oil Refinery, Naphtha Cracker and Petrochemical Complex at Port Qasim, Karachi.
Federal Minister for Petroleum and Natural Resources Amanullah Khan Jadoon stated this while talking to President of Kuwait Midrock Tussania Company Sheikh Humoud Al-Sabah who called on him on Tuesday.
During the meeting, President of Midrock informed the Minister that the government of Sindh had allocated 500 acres of land at Port Qasim for the proposed Lube Oil Refinery, Naptha Cracker and Petrochemical Complex.
He said that Midrock was also looking to invest in oil refinery and LPG terminal projects at Gwadar. Ambassador of Kuwait Faisal A. Mulafi, Additional Secretary Petroleum Shaukat Hayat Durrani and members of Midrock delegation were also present during the meeting.