Saudi Aramco buys 40% of GoPetroleum in Pakistan

In a significant development, Saudi Arabia’s Aramco has acquired a 40% stake in GoPetroleum, marking its entry into Pakistan’s fuel market.

The Competition Commission of Pakistan (CCP) has verified the transaction, underscoring Aramco’s global leadership in the energy and chemicals sectors. This investment is poised to inject crucial foreign capital into Pakistan’s energy industry, fostering economic growth in the country.

The partnership between Aramco’s expertise and GoPetroleum’s established presence in Pakistan holds promise for enhancing the country’s energy landscape. It has the potential to strengthen bilateral relations between Saudi Arabia and Pakistan while catalyzing advancements in Pakistan’s energy sector.

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