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Gaseous Fuels |
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Introduction of Gaseous Fuels:
Since more than a decade, Pakistan has witnessed a remarkable shift of consumers from petroleum to gaseous energy sources. Over the years, ‘Gas’ has become a preferred energy source for the consumers, mainly due to the price competitiveness. Resultantly, CNG/ LPG have become ‘The Fuel’ for the automotive sector, which are slowly and gradually replacing conventional liquid fuels.
In such market scenario, being a dynamic energy company, strategic and focused diversification has been inevitable for PSO, in order to maintain the market leadership position.
Therefore, in order to focus this business segment with full trust and to ensure active participation in ventures related to CNG and LPG, a separate segment for ‘Gaseous Fuels’ has been formed in 2006. This highly lucrative and potential energy segment looks after the existing business of CNG and LPG, vis a vis capitalize on business projects related to CNG and LPG. |
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