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