- CEO
- Jawwad Ahmed Cheema
- Full Time Employees
- 2,535
- Sector
- Energy minerals
- Industry
- Oil refining/Marketing
- Address
- Karachi Pakistan
- IPO Date
- May 25, 1994
- Business
- Pakistan State Oil Company Limited is an energy and downstream oil marketing company engaged in the procurement, storage, distribution, and marketing of petroleum products, lubricants, liquefied natural gas, and related energy solutions. The company operates through three principal business segments: Petroleum Products, Liquefied Natural Gas (LNG), and Other Operations. It offers a comprehensive portfolio of products and services, including: refined automotive and commercial fuels such as motor gasoline under the Altron Premium and Altron X High Octane brands, high-speed diesel under the Action+ Diesel brand, kerosene, light diesel oil, compressed natural gas, and liquefied petroleum gas; heavy fuels such as furnace oil for power generation and industrial applications; aviation fuels comprising Jet A-1, JP-1, and JP-8 along with marine bunkering fuels for commercial and defense sectors; automotive and industrial lubricants, engine oils, transmission fluids, and greases marketed under proprietary and licensed brand names including Carient, DEO, and Castrol; liquefied natural gas import coordination, regasification management, and bulk supply to national gas utilities and thermal power producers; non-fuel retail services comprising Shop Stop convenience stores, quick-service restaurant franchises, car wash facilities, and banking kiosks; electric vehicle fast-charging services; and commercial fleet management solutions alongside digital payment products under the DigiCash platform. The company serves retail motorists, agricultural consumers, industrial manufacturers, power generation companies, commercial airlines, railways, and defense agencies across Pakistan through an extensive nationwide logistics and distribution network consisting of more than 3,500 retail stations, bulk storage depots, airport refueling facilities, and seaport terminal installations. Founded in 1976, Pakistan State Oil Company Limited is headquartered in Karachi, Pakistan, and maintains controlling and strategic equity stakes in entities including Pakistan Refinery Limited, Asia Petroleum Limited, and Pak-Arab Pipeline Company Limited. In recent developments, the company has entered into a strategic collaboration with HUBCO Green to deploy electric vehicle fast-charging infrastructure across national motorway corridors and key urban retail sites, entered into a petroleum supply arrangement with Oman-based OQ Trading Limited to enhance import security and supply chain resilience, advanced refinery expansion and modernization initiatives in coordination with its subsidiary Pakistan Refinery Limited under the national refining policy framework, and continued the operational expansion of its DigiCash digital payment and automated fleet transaction systems.