Pakistan State Oil

Pakistan State Oil (PSO)
	Headquarters of the Pakistan State Oil in Karachi
Native name	پاکستان ریاستی تیل
Company type	Public
Traded as	PSX: PSO ; KSE 100 component ; KSE 30 component
Industry	Oil and gas
Predecessor	National Oil; Dawood Petroleum Limited; Premier Oil Company Limited; State Oil Company Limited;
Founded	January 1, 1974;; 30 December 1976 (as PSO)
Headquarters	Karachi, 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) (2023)
Operating income	Rs. 24.36 billion (US$84 million) (2023)
Net income	Rs. 5.66 billion (US$20 million) (2023)
Total assets	Rs. 983.39 billion (US$3.4 billion) (2023)
Total equity	Rs. 216.56 billion (US$750 million) (2023)
Number of employees	2,222 (2023)
Parent	Government of Pakistan (22.47%)
Subsidiaries	PSO Venture Capital; PSO Renewable Energy; Cerisma; Pakistan Refinery Limited (63.56%); Asia Petroleum Limited (49%); Pak-Grease Co. Limited (22%);
Website	psopk.com

Pakistan State Oil (Urdu: پاکستان ریاستی تیل) is a Pakistani petroleum corporation involved in marketing and distribution of petroleum products.^[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. Pakistan State Oil is Pakistan's largest fuel marketing company.^[1]^[5]^[4]^[6]

^ ^a ^b ^c Company profile of Pakistan State Oil on Forbes.com website Retrieved 14 September 2020
^ ^a ^b ^c ^d ^e ^f "PSO Annual Report 2023" (PDF). psopk.com. Retrieved 29 November 2023.
^ "Pakistan State Oil Company Limited". psopk.com.
^ ^a ^b Saad 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

[Forbes-1] Company profile of Pakistan State Oil on Forbes.com website Retrieved 14 September 2020

[AR2023-2] ^ ^a ^b ^c ^d ^e ^f "PSO Annual Report 2023" (PDF). psopk.com. Retrieved 29 November 2023.

[3] "Pakistan State Oil Company Limited". psopk.com.

[Tribune-4] Saad 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.

[BR-5] "Pakistan State Oil (PSO): FY20 scarred by inventory losses". Business Recorder (newspaper). 2 September 2020. Retrieved 14 September 2020.

[BR2-6] Pakistan State OIl – The Market leader with a vision Business Recorder (newspaper), Published 3 May 2004, Retrieved 14 September 2020

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Pakistan State Oil

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