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Aramco signed an agreement to acquire a 40 percent stake in Gas and Oil Pakistan Ltd. in December 2023. This transaction marks Aramco’s first entry into Pakistan’s fuel retail market, underscoring its confidence in the country’s economic potential. The deal includes building new and improving existing energy infrastructure, focusing on renewable energy, and increasing efficiency across Pakistan’s energy ecosystem, thus bringing much-needed foreign direct investment and contributing to the country’s economic growth and development.

Aramco Acquires 40% Stake in GO, Marking First Entry into Pakistani Fuel Retail Market

Aramco signed an agreement to acquire a 40 percent stake in Gas and Oil Pakistan Ltd. in December 2023. This transaction marks Aramco’s first entry into Pakistan’s fuel retail market, underscoring its confidence in the country’s economic potential. The deal includes building new and improving existing energy infrastructure, focusing on renewable energy, and increasing efficiency across Pakistan’s energy ecosystem, thus bringing much-needed foreign direct investment and contributing to the country’s economic growth and development.

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