Deal Secured with Swiss Company for $100 Million Investment

Islamabad: Swiss oil marketing company, Trafigura, has signed a deal for a $100 million investment in Pakistan.

A major global energy company in the oil marketing and energy sector has finalized an investment deal in Pakistan. Trafigura, a Swiss oil marketing company, has inked a $100 million investment agreement in Pakistan, under which the country will receive a long-term supply of petroleum products.

The subsidiary of the Swiss Trafigura company, Puma Energy, will invest in 550 petrol pumps, enhancing the private group’s collaboration with the Swiss company in Pakistan.

This investment is expected to expand the LPG business in partnership with private groups in the country.