US technology firm proposes refinery modernisation plan for Pakistan in meeting with finance minister

The US-based Honeywell Technologies proposed a refinery modernisation and expansion plan to Pakistan's Finance Minister Muhammad Aurangzeb during a meeting in Washington. Discussions focused on enhancing domestic refining capacity, reducing reliance on imported petroleum, and securing financing through US institutions like the US Exim Bank and DFC. The initiative aims to support Pakistan's energy security and economic growth as part of broader US-Pakistan economic cooperation talks.