Paving the way for a $10 billion oil refinery with the support of Saudi Arabia
Investment in refineries will get tax exemption for 6 years, document. The way for the establishment of a new oil refinery worth 10 billion dollars was paved in the country with the support of Saudi Arabia. After 17 months, the concerned authorities prepared the oil refining policy and sent it to the cabinet committee. The Ministry of Petroleum prepared the Oil Refining Policy and sent it to the Cabinet Committee. There is a plan to give tax exemption for investment companies for 6 years. Euro 5
