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Pakistan to sign $6bn refineries upgrade agreements

Pakistan is set to sign agreements with five oil refineries on Thursday for planned investments exceeding $6 billion. The projects aim to modernise ageing plants and increase local petrol and diesel production. The agreements involve Pak-Arab Refinery Ltd. (Parco), Pakistan Refinery Ltd. (PRL), National Refinery Ltd. (NRL), Cnergyico and Attock Refinery Ltd. (ARL). A senior […]

We haven't written up this one. Daily Times has the full story — the link below goes straight to it.

Read the original at dailytimes.com.pk →

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Why Montenegro matters more to Europe than its size suggests

After Iceland’s European Union referendum, the bloc’s next big enlargement test lies on the Adriatic, where delay carries a strategic cost. Iceland’s rejection of renewed EU accession talks will not push the country out of Europe. Iceland already belongs to the European Economic Area and the Schengen zone.

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