Al-Falih signs four memoranda of understanding and agreement with Pax



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In the energy and mining sectors on the sidelines of the Crown Prince's visit to Islamabad

The Minister of Energy, Industry and Mineral Resources, Khalid bin Abdul Aziz Al-Falih, signed a memorandum of understanding with the Pakistani side during the visit of His Royal Highness Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister and Minister of Defense of the Islamic Republic of Pakistan.

Four memoranda of understanding and an agreement were signed in the fields of energy and mining with the Pakistani side, which falls under the Ministry of Energy, Industry and Resources. mineral, including a memorandum of understanding of 22.5 billion riyals to invest in the mining sector. The mining wealth sector and investments in mining projects in Pakistan, to Saudi investors, led by Ma'Aden, and to a memorandum of understanding providing for investment of 7.5 billion riyals in the sector renewable energy to facilitate the investment of several investors in Yin renewable energy projects at the forefront of the global society for water and electricity projects (Power Aqua).

A memorandum of understanding was signed with the Pakistani side to invest in the refining and petrochemical sectors, worth 37.5 billion riyals, in order to increase the business opportunities. 39 investment in Pakistan's energy and petrochemical markets by taking advantage of Saudi crude oil.

A draft agreement has been signed to supply Pakistan with fuel for an amount of one billion riyals per month and renewed annually for three years to provide fuel to Pakistan, including oil. crude oil and petroleum products, as well as LNG through the Saudi Development Fund.

A memorandum of understanding was signed to fund Pakistan 's power generation projects, valued at one billion two hundred million riyals through the Saudi Fund for Development.


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Crown Prince of Pakistan
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"Al-Falih" signs 4 memoranda of understanding and an agreement with Pakistan


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The Minister of Energy, Industry and Mineral Resources, Khalid bin Abdul Aziz Al-Falih, signed a memorandum of understanding with the Pakistani side during the visit of His Royal Highness Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister and Minister of Defense of the Islamic Republic of Pakistan.

Four memoranda of understanding and an agreement were signed in the fields of energy and mining with the Pakistani side, which falls under the Ministry of Energy, Industry and Resources. mineral, including a memorandum of understanding of 22.5 billion riyals to invest in the mining sector. The mining wealth sector and investments in mining projects in Pakistan, to Saudi investors, led by Ma'Aden, and to a memorandum of understanding providing for investment of 7.5 billion riyals in the sector renewable energy to facilitate the investment of several investors in Yin renewable energy projects at the forefront of the global society for water and electricity projects (Power Aqua).

A memorandum of understanding was signed with the Pakistani side to invest in the refining and petrochemical sectors, worth 37.5 billion riyals, in order to increase the business opportunities. 39 investment in Pakistan's energy and petrochemical markets by taking advantage of Saudi crude oil.

A draft agreement has been signed to supply Pakistan with fuel for an amount of one billion riyals per month and renewed annually for three years to provide fuel to Pakistan, including oil. crude oil and petroleum products, as well as LNG through the Saudi Development Fund.

A memorandum of understanding was signed to fund Pakistan 's power generation projects, valued at one billion two hundred million riyals through the Saudi Fund for Development.

February 18, 2019 – 13 Jumada Al-Akhirah 1440

The time now is 15:23 PM

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February 18, 2019 – 13 Jumada Al-Akhirah 1440

The time now is 08:06 PM


In the energy and mining sectors on the sidelines of the Crown Prince's visit to Islamabad

The Minister of Energy, Industry and Mineral Resources, Khalid bin Abdul Aziz Al-Falih, signed a memorandum of understanding with the Pakistani side during the visit of His Royal Highness Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister and Minister of Defense of the Islamic Republic of Pakistan.

Four memoranda of understanding and an agreement were signed in the fields of energy and mining with the Pakistani side, which falls under the Ministry of Energy, Industry and Resources. mineral, including a memorandum of understanding of 22.5 billion riyals to invest in the mining sector. The mining wealth sector and investments in mining projects in Pakistan, to Saudi investors, led by Ma'Aden, and to a memorandum of understanding providing for investment of 7.5 billion riyals in the sector renewable energy to facilitate the investment of several investors in Yin renewable energy projects at the forefront of the global society for water and electricity projects (Power Aqua).

A memorandum of understanding was signed with the Pakistani side to invest in the refining and petrochemical sectors, worth 37.5 billion riyals, in order to increase the business opportunities. 39 investment in Pakistan's energy and petrochemical markets by taking advantage of Saudi crude oil.

A draft agreement has been signed to supply Pakistan with fuel for an amount of one billion riyals per month and renewed annually for three years to provide fuel to Pakistan, including oil. crude oil and petroleum products, as well as LNG through the Saudi Development Fund.

A memorandum of understanding was signed to fund Pakistan 's power generation projects, valued at one billion two hundred million riyals through the Saudi Fund for Development.

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