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Friday, November 1, 2024

Aramco launches its first gas station in Pakistan

Aramco launches first fuel station in Lahore, marking entry into Pakistan’s energy market.

Saudi oil giant Aramco officially launched its first gas and fuel station in Lahore, Pakistan earlier this week. Pictures of the gas station went viral on X. This marks Aramco’s expansion in Pakistan’s energy market.

In September 2024, Aramco officially announced that its gas stations in Pakistan would be launched by the end of the year. The company has already completed 40% stakes in Gas and Oil Pakistan Limited in May.

Go is a diversified downstream fuel, lubricants, and convenience store operator. They are one of the largest storage and retail companies in Pakistan. GO says it has a network of over 1,200 retail outlets in Pakistan providing petrol, diesel, and lubricants.

Aramco is the world’s largest integrated energy and chemicals company. Together in partnership, the companies are expected to introduce high-qualify fuels, and an elevated consumer experience.

Aramco fuel stations will offer the ProForce” branded premium fuel, high-quality Valvoline lubricants, professional Express Care automotive services, and modern convenience stores designed to provide a “seamless customer experience”.

“This is another milestone in Aramco’s downstream growth story, as we launch the first Aramco station in Pakistan — a market with significant growth potential,” said Yasser M. Mufti, Executive Vice President of Products & Customers Aramco, in the statement.

“Together with GO, with its deep industry expertise, strong customer service focus, and shared commitment to innovation, we are confident that this partnership will deliver exceptional value to customers,” Mufti said further.

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“Together with Aramco we aim to elevate the retail fuel landscape in Pakistan, setting new benchmarks for quality, service, and customer satisfaction,” said Khalid Riaz in his statement, the CEO of GO.  This is Aramco’s first downstream retail investment in Pakistan.

Pakistan and Saudi Arabia enjoy close strategic, cultural, and economic partnership. At least 2.7 million Pakistanis are living in the Kingdom of Saudi Arabia.