Wafi Energy Pakistan Limited—the company that acquired Shell’s business in Pakistan—is pursuing strategic expansion into the oil marketing sector. During a recent board meeting, its leadership authorized management to evaluate investment and acquisition opportunities in downstream operations, particularly in fuel distribution and retail expansion.
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The move marks a significant shift in Wafi’s strategy as it seeks to capitalize on synergies between its existing retail footprint and enhanced retail presence across the country. The board has called for feasibility studies and financial assessments into potential acquisition targets, aiming to position Wafi as a diversified and vertically integrated energy player.
Wafi Energy, which is majority-owned by Abu Dhabi-based Wafi Energy Holding, already operates over 600 Shell-branded outlets and has integrated renewable energy solutions—including solar installations and eco-safe retail units—into its retail network. By exploring OMC investments, Wafi intends to deepen its presence in fuel supply chains, strengthen market leadership, and broaden growth avenues in Pakistan’s energy landscape.
