Aramco strengthens global retail presence with strategic acquisition in Pakistan

By on    Retail Industry News  

Aramco strengthens global retail presence with strategic acquisition in Pakistan

In a strategic expansion of its global retail operations, Saudi Arabian Oil Co. (Aramco) has solidified its position in the Pakistani market by acquiring a 40% equity stake in Gas & Oil Pakistan Ltd. (GO), a prominent player in Pakistan’s downstream fuel sector. This move marks Aramco’s inaugural foray into Pakistan’s retail fuel sector, highlighting […]

Aramco to enter Pakistani fuel retail market with Gas & Oil Pakistan stake acquisition

By on    Energy Industry News  

Aramco to enter Pakistani fuel retail market with Gas & Oil Pakistan stake acquisition

Aramco, a global leader in integrated energy and chemicals, has signed definitive agreements to acquire a 40% equity stake in Gas & Oil Pakistan Ltd. (GO). This marks Aramco’s first venture into the Pakistani fuels retail market, signifying a strategic move to bolster its downstream value chain on an international scale. Gas & Oil Pakistan, […]