Pakistan, Saudi Arabia agree to boost cooperation in oil, refineries and minerals

ISLAMABAD: Pakistan and Saudi Arabia agreed on Friday to strengthen strategic cooperation in oil storage, refinery upgrades, crude oil and liquefied petroleum gas (LPG) procurement, and the minerals sector to promote bilateral economic ties, according to a statement issued by the Petroleum Division. Saudi Arabia also announced the immediate introduction of same-day visa processing for Pakistani citizens at its embassy in Islamabad. Pakistan has been planning to boost domestic storage for crude oil and refined products to increase its energy security. With no strategic petroleum reserves, the…