KARACHI: Gas & Oil Pakistan Ltd. (GO) has been assigned a credit rating of A in long term and A1 in short term by PACRA.

GO, the fastest growing Oil Marketing Company (OMC) was granted permission to establish an OMC by Government of Pakistan on Jun 12, 2012. Sales & Marketing commenced on Nov 13, 2014 after approvals from OGRA on fulfillment of commitments undertaken by the company for establishing depots in Pakistan.

GO has rapidly grown to capture significant market share in the OMC sector through its strategically placed storage depots in Punjab, Sindh & KPK and a network of almost 300 retail outlets.—PR