Wafi Energy Pakistan

Wafi Energy Pakistan Limited, doing business as Shell, is a Pakistani oil marketing company based in Karachi.

[7] Later, a new company was formed for East Pakistan named Burman Eastern Limited which was listed on the stock exchange and the majority of its shareholding was held by Pakistanis.

[7] In 1970, it was listed on the Karachi Stock Exchange and the company was renamed as Pakistan Burmah Shell (PBS) Limited.

[8] The Shell and Burman Groups retained a 49 percent share, split evenly while National Investment Trust, a state-owned fund, owned a majority stake.

[7] In February 1993, during a period of economic liberalization, Burmah divested from PBS, allowing Shell Petroleum to increase its stake to 51 percent.