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CCP approves Aramco’s acquisition of a 40% equity stake in Gas & Oil Pakistan Ltd. (GO)

GO Pakistan’s, Zeeshan Tayyeb’s has played pivotal role in the Aramco-GO deal, mirroring a trajectory of growth, innovation, and strategic foresight.

The Competition Commission of Pakistan (CCP) approved Aramco’s acquisition of a 40% equity stake in Gas & Oil Pakistan Ltd (GO), marking Aramco’s debut in Pakistan’s fuels retail market. Aramco Asia Singapore Pte. Ltd., a subsidiary of Saudi Aramco, filed the pre-merger application.

GO, a licensed oil marketing company in Pakistan, operates downstream fuels, lubricants, and convenience stores.

Aramco’s entry is expected to enhance competition, service standards, and product range while attracting foreign direct investment for economic growth.

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