CPEC

Pakistan Begins Feasibility Study for Hub Oil City QUETTA: Pakistan’s Ministry of Petroleum has launched a feasibility study for establishing a modern oil city in Hub, Balochistan, aimed at developing the country into a major regional petroleum logistics and trading hub. The proposed project highlights Balochistan’s growing role in Pakistan’s economic and energy development plans. If implemented, it would add another major infrastructure project to the province after Gwadar and projects linked to the China-Pakistan Economic Corridor (CPEC). The federal government plans to transform the coastal area of Hub into an international-standard petroleum trading and storage hub. The feasibility study has been awarded to international consulting firm Technip. Offshore Terminal and Oil Storage The proposed oil city will include an offshore single-point mooring (SPM) facility designed to allow large oil tankers to load and unload petroleum cargo. The facility is expected to strengthen the international trading role of Balochistan’s coastline and improve the country’s petroleum import and distribution infrastructure. The project also envisages bonded storage facilities where international companies could store petroleum products without immediately paying applicable taxes and duties. The arrangement is expected to create opportunities for foreign investment in the petroleum sector. Proposed Pipeline Network Two dedicated pipelines have also been proposed to connect the offshore terminal with Pakistan’s existing petroleum supply network. One pipeline would transport crude oil to industrial facilities in Karachi’s Keamari area, potentially supporting the city’s refining industry. The second pipeline would transport petroleum products to Port Qasim and connect with the existing White Oil Pipeline network, helping further integrate the country’s petroleum distribution system. Focus on Energy Security The government says the project forms part of its broader strategy to strengthen and stabilise Pakistan’s energy supply chain and improve petroleum logistics. Once completed, the infrastructure is expected to generate thousands of employment opportunities for local residents and stimulate commercial activity in Hub and surrounding coastal areas. The project could also increase the economic significance of Balochistan’s coastal belt and give the province a greater role in Pakistan’s energy and trade strategy.

Pakistan Begins Feasibility Study for Hub Oil City

QUETTA: Pakistan’s Ministry of Petroleum has launched a feasibility study for establishing a modern oil city in Hub, Balochistan, aimed at developing the country into a major regional petroleum logistics and trading hub. The proposed project highlights Balochistan’s growing role in Pakistan’s economic and energy development plans. If implemented, it would add another major infrastructure

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Balochistan Approves $14bn Gas Terminal Project in Gwadar

Balochistan Approves $14bn Gas Terminal Project in Gwadar

QUETTA: The Balochistan government has decided the establishment of a $14 billion gas terminal in Gwadar, marking a major step toward strengthening the province’s energy infrastructure and attracting foreign investment. The decision was made during a provincial cabinet meeting chaired by Chief Minister Mir Sarfraz Bugti. Officials said the project, backed by investment from Turkmenistan, is expected

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Pakistan to Build First Coal-Based Fertilizer Plant Under CPEC

Pakistan to Build First Coal-Based Fertilizer Plant Under CPEC

KARACHI: Pakistan plans to establish its first coal-based fertilizer plant under the China-Pakistan Economic Corridor (CPEC), a $1.12 billion project that analysts say could strengthen fertilizer security and eventually turn the country into a net exporter of urea. The facility will be developed by Pakistan’s largest fertilizer producer, Fauji Fertilizer Company (FFC), under the second phase

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PM Shehbaz Begins Four-Day China Visit as Beijing Backs Mediation in US-Iran Conflict

PM Shehbaz Begins Four-Day China Visit as Beijing Backs Mediation in US-Iran Conflict

ISLAMABAD: Prime Minister Shehbaz Sharif arrived in China on Saturday for a four-day official visit aimed at strengthening economic cooperation and discussing the ongoing US-Iran conflict with Chinese leaders, according to the Prime Minister’s Office. The visit coincides with the 75th anniversary of diplomatic relations between Pakistan and China and comes amid rising regional tensions

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Pakistan Reaffirms Commitment to CPEC 2 Success on IT, industries

Pakistan Reaffirms Commitment to CPEC 2 Success on IT, industries

ISLAMABAD: Prime Minister Shehbaz Sharif has reaffirmed Pakistan’s commitment to ensuring the success of the next phase of the China-Pakistan Economic Corridor (CPEC), with a renewed focus on agriculture, information technology, industry and mining. According to a statement issued by the Prime Minister’s Office, Shehbaz made the remarks during a meeting in Islamabad with a

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In a strong condemnation of the recent terrorist attacks in Balochistan, Federal Defense Minister Khawaja Asif asserted that the violence is not a legitimate struggle

Balochistan violence is foreign-sponsored terrorism, not rights struggle; Khawaja Asif

ISLAMABAD : In a strong condemnation of the recent terrorist attacks in Balochistan, Federal Defense Minister Khawaja Asif asserted that the violence is not a legitimate struggle for rights but acts of terrorism orchestrated with foreign support. In an official statement issued on Sunday, the minister framed the assaults as a dual attack targeting both

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Using Fuel Savings for N-25 Highway Insults Balochistan: Hidayat ur Rehman

Using Fuel Savings for N-25 Highway Insults Balochistan: Hidayat ur Rehman

QUETTA: Balochistan Assembly member Maulana Hidayat ur Rehman has criticised the Prime Minister Shehbaz Sharif’s remarks about using fuel savings to build highways in Balochistan during his visit to Quetta. In an interview, he said such statements amount to an insult to the people of the province. He said the China-Pakistan Economic Corridor (CPEC) has

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FIA arrests three NADRA officers for issuing fake passports

FIA exposes fake CPEC firm, files Case for Rs 100 Million fraud

ISLAMABAD: The Federal Investigation Agency (FIA) has concluded a major investigation into a fraudulent syndicate that operated a fake company to defame and exploit the China-Pakistan Economic Corridor (CPEC) project, causing financial losses exceeding Rs 100 million. The agency has registered a formal case against two members of a gang that allegedly seized land and

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Pakistan, China Sign 24 Deals to Build Digital Corridor

Pakistan, China Sign 24 Deals to Develop Digital Corridor

ISLAMABAD: Pakistan and China have signed 24 agreements to build a digital corridor aimed at strengthening cooperation in information technology, state media reported on Monday. The agreements were signed in Beijing, according to the state-run Associated Press of Pakistan (APP). The package includes one government-to-government deal, seven government-to-business agreements, and 16 business-to-business memoranda. APP said

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