A refinery in Gwadar would give the Saudis an economic foothold in a strategic location—just outside the Strait of Hormuz but close to Persian Gulf shipping lanes—and could lock Pakistan into purchasing Saudi crude.

Read more at The National Interest

CPEC WireSign up for our newsletter

Updates on the China-Pakistan Economic Corridor and Belt and Road Initiative.

Avatar

Posted by CPEC Wire Staff

Leave a reply

Your email address will not be published. Required fields are marked *