business

October 1, 2024

Sinosure to finance $1bn expansion project for Pakistan Refinery Limited

This photo on April 1, 2023, shows a view of installations of an oil refinery. — AFPKARACHI: China Export & Credit Insurance Corporation, known as Sinosure, has expressed its willingness to finance $1 billion for the expansion project of Pakistan Refinery Limited .The Chinese company made this commitment during the recent visit of Petroleum Minister Musadik Malik to China, where he was accompanied by officials from the government and private sectors, including representatives from...