{"id":295193,"date":"2019-10-05T12:18:58","date_gmt":"2019-10-05T06:48:58","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=295193"},"modified":"2019-10-05T12:29:57","modified_gmt":"2019-10-05T06:59:57","slug":"uae-to-invest-5-bn-in-oil-refinery-project-in-pak","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/uae-to-invest-5-bn-in-oil-refinery-project-in-pak\/","title":{"rendered":"UAE to invest $5 bn in oil refinery project in Pak"},"content":{"rendered":"<p>The United Arab Emirates will invest a whopping USD 5 billion in an oil refinery project in cash-strapped Pakistan by the end of the year, the Gulf nation&#8217;s envoy was quoted as saying by a media report on Friday. <\/p>\n<p>&#8220;This project will show the strength of UAE-Pakistan relations and how the UAE is focusing on investment in and future of Pakistan,&#8221; UAE Ambassador to Pakistan Hamad Obaid Ibrahim Salem Al-Zaabi was quoted as saying by the Arab News. <\/p>\n<p>&#8220;We are going to launch very soon one of the biggest investments in a refinery project in Hub (in Pakistan&#8217;s Balochistan province),&#8221; Al-Zaabi said. <\/p>\n<p>It is going to be a USD 5 billion investment venture between Mubadala Petroleum Company of Abu Dhabi, Pak Arab Refinery Limited (Parco) and OMV (OMV Pakistan Exploration Gesellschaft), he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The United Arab Emirates will invest a whopping USD 5 billion in an oil refinery project in cash-strapped Pakistan by the end of the year, the Gulf nation&#8217;s envoy was quoted as saying by a media report on Friday. &#8220;This project will show the strength of UAE-Pakistan relations and how the UAE is focusing on investment in and future of Pakistan,&#8221; UAE Ambassador to Pakistan Hamad Obaid Ibrahim Salem Al-Zaabi was quoted as saying by the Arab News. &#8220;We are going to launch very soon one of the biggest investments in a refinery project in Hub (in Pakistan&#8217;s Balochistan province),&#8221; [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,177],"tags":[],"class_list":["post-295193","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/295193","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=295193"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/295193\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=295193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=295193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=295193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}