Pakistan: GO gets authorization to expand its storage and retail network
The Oil & Gas Regulatory Authority has allowed the company to operate an additional storage facility of 8,050 MTs thus greenlighting the opening of new stations across the country.
Gas & Oil Pakistan Limited (GO) has been authorized by the Oil & Gas Regulatory Authority (OGRA) to operate an additional petrol storage facility. The 8,050 MTs installation has been recently completed at their depot, located in the Khyber Pakhtunkhwa (KPK) province, thus improving its total storage in the region to 9,600 MTs.
“With this expansion, we intend to meet the fueling needs of the people of KPK and firmly establish GO as a truly national player in the country,” stated Khalid Riaz, CEO of GO, in a press release published by local media outlet The News.
With this announcement, GO has accumulated more than 60% of the total petrol storage of all oil marketing companies in the province. In addition, the company will be able to expand its footprint across the territory, with plans to open more than 200 stations in the near future.
