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KARACHI: Aramco, one of the world’s leading integrated energy and chemicals companies, has made further progress in its global retail expansion by completing the acquisition of a 40 per cent equity stake in Gas & Oil Pakistan Ltd (GO).
According to a press release, GO is a diversified downstream fuels, lubricants and retail store operator in Pakistan with a network of more than 1,200 retail fuel stations.
The acquisition, first announced in December 2023, represents Aramco’s first downstream retail investment in Pakistan and signals the company’s growing retail presence in high-value markets.
Published in Dawn, June 1st, 2024
