Aramco, the leading integrated energy and chemicals company in Saudi Arabia, is set to enter the Pakistani fuels retail market as it signed definitive agreements to acquire a 40 percent stake in Gas & Oil Pakistan (GO) Ltd. According to a statement, Aramco Executive Vice President of Products & Customers, Yasser Mufti, signed the agreement with Gas & Oil Pakistan (GO) founder and CEO Khalid Riaz.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Gold, silver peak to fresh all-time high

On Wednesday, gold and silver touched new peaks in Pakistan as the…

Brent crude oil price drops to $82/barrel internationally

Oil prices steadied on Friday but fell for the week on a…

Turkish Lira plunges to new low

Istanbul: On Dec 13, it emerged that Turkey’s lira crashed as much…

Rupee slides against US dollar in interbank

The Pakistani rupee experienced slight depreciation against the US dollar, weakening by…