World’s leading Oil Trading Company makes investment in Pakistan

BB Energy, the world’s leading independent oil trading company, hasinvested in Pakistani fuel retailer Euro Oil.

BB Energy follows in the footsteps of Vitol, a Geneva-based oil tradingcompany, and Trafigura, an Amsterdam-based oil trading company, both ofwhom have recently invested in the country’s petroleum sector.——————————

Founded in 1937, BB Energy now trades more than 20 million metric tonnes ofcrude oil and petroleum products annually.

BB Energy is the biggest gasoil and gasoline trader in the Mediterraneanregion.

It has offices situated in Australia, Belgium, Greece, Lebanon, Malaysia,Morocco, Russia, Singapore, Turkey, UAE, the United Kingdom.——————————

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Last year in April, Euro Oil inaugurated its first petrol station inJahaniyan, Khanewal, with an aim to provide high-quality petroleum productsand create employment opportunities in Pakistan.

By the end of 2020, the company intends to inaugurate at least 140 fillingstations all over Pakistan. In total, Euro Oil has planned to open 375petrol stations across Pakistan which will rank it among the top 5petroleum companies in the country