Pakistan State Oil Co Ltd - Company Profile
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Pakistan State Oil Co Ltd (PSO) is an energy company that imports, stores, markets, and distributes petroleum products. Its product portfolio includes motor gasoline, hi-cetane diesel, furnace oil, jet fuel, liquefied petroleum gas, compressed natural gas, black oil, white oil, and lubricants. The company serves a wide range of customers in the aviation, railways, power projects, railways, marine, and agriculture sectors. It also owns and operates an extensive network of fuel retail outlets. In addition, the company has a presence in aviation, marine, and export businesses. It also has strategic investments in refineries, pipeline companies, and marketing companies. PSO is headquartered in Karachi, Sindh, Pakistan.
Pakistan State Oil Co Ltd premium industry data and analytics
Products and Services
Products | Services | Brands |
---|---|---|
Jet fuel | Retailing | Blaze |
High-speed diesel | Motor gasoline | DEO |
Light Diesel Oil | Storage | Carient |
XYZ | XYZ | XYZ |
XYZ | XYZ | XYZ |
XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Plans/Strategy | In December, the company announced its plans to sell a 30% stake in Pakistan Refinery Limited to a Chinese firm. |
2023 | Contracts/Agreements | In June, the company and State Oil Company of Azerbaijan Republics secured an approval from Economic Coordination Committee for a one-year framework agreement for import of liquefied natural gas (LNG) from Azerbaijan. |
2022 | Plans/Strategy | In September, the company announced its plans to build US$500 million liquefied natural gas (LNG) terminal. |
Competitor Comparison
Key Parameters | Pakistan State Oil Co Ltd | Sui Northern Gas Pipelines Ltd | Attock Petroleum Ltd | Shell Pakistan Ltd | Cinergyco PK Ltd |
---|---|---|---|---|---|
Headquarters | Pakistan | Pakistan | Pakistan | Pakistan | Pakistan |
City | Karachi | Lahore | Rawalpindi | Karachi | Karachi |
No. of Employees | 2,506 | 8,488 | 451 | 397 | 725 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Asif Baigmohamed | Chairman | Executive Board | 2023 | - |
Syed Muhammad Taha | Chief Executive Officer; Managing Director | Executive Board | 2020 | - |
Gulzar Khoja | Chief Financial Officer | Senior Management | - | - |
Abdus Sami | Chief Supply Chain Officer | Senior Management | - | - |
Mohsin Ali Mangi | Chief Strategy and Technology Officer | Senior Management | - | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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