AsianOil: TotalEnergies sells stake in Pakistani oil marketing firm to Gunvor

French energy giant TotalEnergies has agreed to sell its 50% stake in Pakistani oil marketing firm Total PARCO Pakistan Ltd. (TPPL) to commodities trader Gunvor, the companies announced on August 6.

TotalEnergies said the deal was part of its "selective strategy" in marketing and services, which focuses on core geographies with growth and transition opportunities.

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