Vitol Group Ltd. is poised to increase its stake in Pakistan fuel retailerHascol Petroleum Ltd., according to people with knowledge of the matter.

The world’s biggest independent oil trader intends to remain a minorityshareholder after the increase, which it will do through Hascol’s plannedrights issue, said the people, who asked not to be identified as theinformation isn’t public.

The Pakistani company is scheduled to announce the results of the rightsissue after a board meeting Wednesday, said the people.

Vitol, which now holds 27.5% in Hascol, has gradually increased its stakesince first acquiring 15% in April 2016. A Vitol spokeswoman in Londondeclined to comment. An official from Hascol didn’t immediately respond toa request for a comment.

Hascol posted a net loss of 5.4 billion rupees in the April-June period,the biggest quarterly loss since at least 2014, when Bloomberg startedcompiling the data. The retailer last month announced it’s looking to raise6 billion rupees ($39 million) through the rights issue.