Following are the details of PSO's associated Companies:
NAME
SHARE HOLDING %
1. ASIA PETROLEUM LIMITED
49%
2. PAK GREASE COMPANY LIMITED
22%
Asia Petroleum Limited (APL)
APL was incorporated in Pakistan as an unlisted public limited company on July 17, 1994. The Company has been principally established to transport “Residual Fuel Oil” (RFO) to the Hub Power Company Limited (HUBCO) at Hub, Balochistan. For this purpose, the Company laid an underground oil pipeline starting from Pakistan State Oil Company Limited’s (PSO) Zulfiqarabad terminal at Pipri to HUBCO at Hub.
Pak Grease Manufacturing Company (Private) Limited (PGMCL)
PGMCL was incorporated in Pakistan on March 10, 1965 as a private company. The principal activity of the Company is to manufacture and sell petroleum grease products.
