Saudi Aramco, the world’s largest oil producer, is set to launch its first branded gas station in Pakistan by the end of 2024. This move follows the company’s acquisition of a 40% stake in Gas & Oil Pakistan Ltd. (GO) in May 2024, marking Aramco’s first downstream retail investment in the country.
The new gas station will be a significant milestone for Aramco as it continues to expand its global footprint. “We are working to launch our first Aramco-branded gas station in Pakistan by the end of the year,” said an Aramco spokesperson. Aramco aims to strengthen its presence in high-value markets and deliver top-quality products and services to its customers.
Gas & Oil Pakistan Ltd. (GO) is one of Pakistan’s largest retail and storage companies, involved in the procurement, storage, sale, and marketing of petroleum products and lubricants. The partnership with GO will enable Aramco to leverage its extensive network and expertise in the Pakistani market.
Vice President of Products & Customers
Yasser Mufti, Aramco Executive Vice President of Products & Customers, highlighted the importance of this venture: “This acquisition marks Aramco’s first downstream retail investment in Pakistan, highlighting its expanding retail presence in high-value markets. We are excited to partner with GO to bring Aramco’s premium products and services to our valued customers in Pakistan.
This launch supports Aramco’s ongoing efforts to diversify its portfolio and strengthen its position in the global energy market. Earlier this year, Aramco fully acquired Esmax Distribución SpA, a major downstream fuels and lubricants retailer in Chile.
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