Wafi Energy Pakistan Ltd  has  signalled plans to invest up to $100 million in Pakistan over the next two to three years to expand its retail footprint and storage capacity, with a focus on network growth, infrastructure development, and technology-driven improvements.      The Finance Minister Muhammad Aurangzeb  has met a high level delegation of the leading Saudi-based energy company.      the Wafi Energy Pakistan Ltd delegation led by Javaid Akhtar, Chief Finance Officer, Asyad Group (Board Member), Wafi Energy Pakistan Ltd, and included Zubair Shaikh, Chief Executive Officer, and Zarrar Mahmud, Chief Finance Officer, Wafi Energy Pakistan Ltd  briefed Aurangzeb on Wafi Energy Pakistan Ltd’s current operations in the country and shared that the company operates an extensive nationwide retail network, supported by ongoing investments in modernisation and efficiency.    Wafi Energy, operates as part of Asyad Holding Group, a conglomerate  rooted in Saudi Arabia and specializes in the fuel retail  sector.     two years ago,  Shell Petroleum Company has signed   deal with Wafi Energy to sell the domestic operations in Pakistan which included more than 600 mobility sites, 10 fuel terminals, a lubricant oil blending plant, and a 26% stake in Pak-Arab Pipeline Company Limited. (ICE ISLAMABAD)

Fonte notizia: byusiness recorder