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Pakistan State Oil Company Limited is a Pakistani petroleum public company involved in procurement, storage, marketing and distribution of petroleum and related products. [3] [4] 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.
Attock Refinery Limited (Urdu pronunciation: [a.ˈʈʌk rɪˈfaɪn.ər.i] ah-TUCK-ri-FINE-uh-ree) is a Pakistani oil refinery headquartered in Rawalpindi. It is a subsidiary of UK-domiciled Attock Oil Company. It is the oldest oil refinery of Pakistan. [2] It is listed on Pakistan Stock Exchange. [3]
The resulting complex, named Pakistani Oil Refinery, commenced operations in 1964. [6] It was inaugurated by Muhammad Ayub Khan, then President of Pakistan. The design capacity of the refinery was 1 million tons of crude oil per annum but was increased to 2.1 million tons per annum later. [4] [3]
At its peak during 1986, the field was producing approximately 2,400 barrel of oil per day. It has grown steadily since then, producing both oil and, to a lesser degree, natural gas. [3] Oil production was entirely confined to the Punjab till 1981, when Union Texas Pakistan discovered its first oil-field in Lower Sindh. By 1998-1999, the Lower ...
Inter State Gas Systems (Private) Limited (ISGS) was established in 1996 as a private limited company. In order to meet the growing energy deficit in the country , the Government of Pakistan (GOP), besides encouraging local exploration and production, plans to import natural gas from across its borders from Iran and Turkmenistan .
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Everybody knows that mortgage rates are by far the dominant force in determining home prices. The steep Fed-induced drop that sent the 30-year from nearly 5% in the fall of 2018 to under 3% from ...
The IMF says SOEs in Pakistan hold sizable assets in comparison with most Middle East countries, at 44 percent of GDP in 2019, yet their share of employment in the economy is relatively low.