14.04.16. Vitol Dubai Limited, part of the Vitol Group, has completed the acquisition of 15 percent of Hascol Petroleum Limited for US$28 million, with the option to buy a further 10 percent within one year.
Hascol is a fast growing retailer in Pakistan with over 300 service stations nationwide. To date, sales have increased 38 percent in volume terms year-on-year and, with its countrywide network of infrastructure, Vitol says Hascol is well positioned to continue to serve Pakistan’s growing energy needs.

14th April 2016