Saudi oil giant Aramco has launched its first branded gas station in Pakistan, located in Lahore, following its acquisition of a 40% stake in Gas & Oil Pakistan Ltd. (GO). This strategic move signals Aramco’s intent to strengthen its downstream presence in Pakistan’s growing energy market.
Aramco, a key global energy provider responsible for approximately one out of every eight barrels of the world’s oil supply, has partnered with GO—one of Pakistan’s leading retail and storage companies. Through this partnership, Aramco plans to deliver high-quality fuel, lubricants, automotive services, and modern convenience stores to Pakistani consumers. According to Corporate and Marketing Communications (CMC), which oversees public relations for both companies in Pakistan, Aramco-branded stations will provide a premium and seamless experience for customers.
“This launch marks an important milestone in Aramco’s downstream growth as we open our first station in Pakistan, a market with tremendous growth potential,” said Yasser M. Mufti, Aramco’s executive vice president of products and customers. He emphasized that Aramco’s principles of excellence, innovation, and community partnerships will drive the company’s expansion, ensuring reliable fuel supplies and world-class retail services.
In collaboration with GO, which operates over 1,200 fuel stations in Pakistan, Aramco aims to expand its footprint in the country’s rapidly developing economy. “We are confident this partnership will provide exceptional value to customers,” Mufti stated.
Echoing Mufti’s sentiments, GO CEO Khalid Riaz described the opening of the first Aramco-branded station in Lahore as a testament to their shared commitment to quality and customer satisfaction. “Together with Aramco, we are setting new standards in Pakistan’s retail fuel industry,” he said.
Saudi Arabia and Pakistan enjoy strong trade, defense, and cultural ties. Saudi Arabia, which hosts over 2.7 million Pakistani expatriates and serves as Pakistan’s largest remittance source, has steadily increased its investments in Pakistan. In 2019, Saudi Crown Prince Mohammed bin Salman signed agreements valued at $21 billion, including $10 billion for an Aramco refinery and $1 billion for a petrochemical complex at Gwadar Port. This year, Saudi Arabia renewed its commitment to accelerate a $5 billion investment package for Pakistan as both countries continue to deepen their economic cooperation.
