PSO Group Companies

Major strategic investments to become stronger in the competitive landscape.

Pakistan Refinery Limited

Share Holdings: 63.56%

PRL was incorporated in Pakistan as a public limited company in May 1960 and is quoted on the Pakistan Stock Exchange. The refinery is situated on the coastal belt of Karachi and works to process various imported and local crude oil to meet the country’s fuel requirements.

PRL became PSO’s subsidiary on December 1, 2018, as a result of an increase in shareholding of PSO in PRL, currently at 63.6%.

Asia Petroleum Limited

Share Holdings: 49%

APL was incorporated in Pakistan as a public unlisted limited company on July 17, 1994. The company was 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 from PSO’s Zulfiqarabad terminal at Pipri to HUBCO at Hub.

Pak Grease Manufacturing Company (Private) Limited

Share Holdings: 22%

PGMCL was incorporated in Pakistan on March 10, 1965, as a private company. The company's principal activity is manufacturing and selling petroleum grease products for our customers. It became associated with PSO in 1979.

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