Pakistan, June 24 -- Pakistan's top investment body said on Tuesday it had approved a 435-kilometer pipeline project designed to transport refined petroleum products from the country's central Punjab province to the northwestern Khyber Pakhtunkhwa region, a move aimed to improve energy security, lower transportation costs and reduce reliance on road-based fuel deliveries.

The Machike-Thallian-Tarru Jabba White Oil Pipeline was approved with the facilitation of the Special Investment Facilitation Council (SIFC), a government-backed body established to accelerate major investment and infrastructure projects by coordinating between federal and provincial institutions.

The pipeline will connect Machike, a major oil storage and distribution ...