{"id":8013,"date":"2024-09-15T05:58:54","date_gmt":"2024-09-15T05:58:54","guid":{"rendered":"https:\/\/gsrra.com\/?p=8013"},"modified":"2024-09-15T05:58:55","modified_gmt":"2024-09-15T05:58:55","slug":"saudi-aramco-to-open-first-gas-station-in-pakistan","status":"publish","type":"post","link":"https:\/\/gsrra.com\/?p=8013","title":{"rendered":"Saudi Aramco To Open First Gas Station In Pakistan"},"content":{"rendered":"\n<p>Aramco is the leading oil company that produces one-eighth of the world\u2019s oil supply. This Saudi oil giant announced the launch of its first gas station in Pakistan this week. Aramco has purchased a 40% stake in GO (Gas and Oil Pakistan LTD) in May 2024. It took this significant step to enhance its retail presence in the country.<\/p>\n\n\n\n<p>The Media Department of Aramco said, \u201cWe are planning to launch our first gas station in Pakistan. We will share more details once the site is operational.\u201d The said statement was made in an email to&nbsp;<em>Arab News.<\/em><\/p>\n\n\n\n<p>An official from the Pakistan Board of Investment (BOI) added that Aramco\u2019s acquisition of GO is its first step into retail investment in Pakistan.&nbsp; This significant step highlights Aramco\u2019s move to grow its presence in developing markets like Pakistan.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Aramco\u2019s Global Expansion Strategy&nbsp;<\/strong><\/h2>\n\n\n\n<p>Aramco purchased 100% of Esmax Distribuci\u00f3n SpAa (a company that specializes in fuel and lubricant retailing) in Chile. The Vice President of Products and Customers of Aramco, Yasir Mufti said that \u201cthe deal of purchasing Gas and Oil Pakistan LTD (GO) is a significant step for expanding globally.\u201d<\/p>\n\n\n\n<p>The President further added that Aramco will provide reliable products for consumers in Pakistan.&nbsp; Plus, this will create new opportunities for Aramco to grow internationally.<\/p>\n\n\n\n<p>Mohammed Bin Salman, Saudi Crown Prince, made an investment deal worth $21 billion with Pakistan in 2019.&nbsp; Additionally, the deal comprised $10 billion and $1 billion for Aramco and a petrochemical complex at Gwadar port. These two countries have decided to boost trade and investment in the past few months. Saudi Arabia promised to boost up a $5 billion investment deal for Pakistan in April 2024.<\/p>\n\n\n\n<p>What are your thoughts about Aramco\u2019s entrance into the Pakistan oil market? Do you think it would make a huge impact on the country?\u00a0 Please share your thoughts with us in the comments section.<\/p>\n\n\n\n<p>Reference Link:- <a href=\"https:\/\/www.pakwheels.com\/blog\/aramco-plans-to-open-first-gas-station-in-pakistan-by-year-end\/\" target=\"_blank\" rel=\"noopener\">https:\/\/www.pakwheels.com\/blog\/aramco-plans-to-open-first-gas-station-in-pakistan-by-year-end\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Aramco is the leading oil company that produces one-eighth of the world\u2019s oil supply. This Saudi oil giant announced the launch of its first gas station in Pakistan this week. Aramco has purchased a 40% stake in GO (Gas and Oil Pakistan LTD) in May 2024. It took this significant step to enhance its retail [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8014,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[2],"tags":[3658,1961,2836,105,157,1826,2368,36,3660,3659],"class_list":["post-8013","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sample-category","tag-aramco","tag-business","tag-cooperation","tag-geopolitics-2","tag-investment","tag-modernization","tag-pak-saudi-relations","tag-pakistan","tag-petrol-stations","tag-saudi-aramco"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/8013","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8013"}],"version-history":[{"count":1,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/8013\/revisions"}],"predecessor-version":[{"id":8015,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/8013\/revisions\/8015"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/media\/8014"}],"wp:attachment":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8013"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8013"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}