January 1, 1974 (1974-01-01); 30 December 1976 (as PSO)[1]
Headquarters
Karachi[1]
,
Pakistan
Area served
Pakistan
Key people
Asif Baigmohamed (Chairman)
Syed Muhammad Taha (CEO)
Products
Motor gasoline (Mogas), high-speed Diesel (HSD), furnace oil (FO), jet fuel (JP-1), kerosene oil, Compressed natural gas (CNG), petrochemicals and lubricants
Revenue
Rs. 3.39 trillion (US$12 billion)[2] (2023)
Operating income
Rs. 24.36 billion (US$84 million)[2] (2023)
Net income
Rs. 5.66 billion (US$20 million)[2] (2023)
Total assets
Rs. 983.39 billion (US$3.4 billion)[2] (2023)
Total equity
Rs. 216.56 billion (US$750 million)[2] (2023)
Number of employees
2,222[2] (2023)
Subsidiaries
List
Asia Petroleum Limited Pak-Grease Co. Limited Pakistan Refinery Limited PSO Venture Capital (Pvt) Ltd PSO Renewable Energy (Pvt) Ltd Cerisma (Pvt) Ltd
Website
www.psopk.com
Pakistan State Oil ( پاکستان ریاست تیل); reporting name: PSO) is a Karachi-based Pakistani state-owned petroleum corporation involved in marketing and distribution of petroleum products.[3] It has a network of 3,689 petroleum filling stations, out of which 3500 outlets serve the public retail sector and 189 outlets serve wholesale bulk customers. Pakistan State Oil is Pakistan's largest fuel marketing company.[1][4][3][5]
^ abcCompany profile of Pakistan State Oil on Forbes.com website Retrieved 14 September 2020
^ abSaad Hasan (2 May 2015). "At the helm: Engro Elengy's Haque takes up reins of Pakistan State Oil". The Express Tribune (newspaper). Retrieved 14 September 2020.
^"Pakistan State Oil (PSO): FY20 scarred by inventory losses". Business Recorder (newspaper). 2 September 2020. Retrieved 14 September 2020.
^Pakistan State OIl – The Market leader with a vision Business Recorder (newspaper), Published 3 May 2004, Retrieved 14 September 2020
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