Company Profile – Hascol Petroleum Limited

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Hascol Petroleum Limited (HPL) is a fully integrated Oil Marketing Company (OMC) engaged in the marketing and distribution of petroleum products through its Petrol Pumps and to industrial customers. The Company was granted marketing license by the Government of Pakistan in 2005 and is listed on all the three Stock Exchanges of Pakistan since May 2014.

Hascol is the 4th largest OMC in the country in terms of market share and the second largest importer of fuels in the country after PSO. The Company has a Retail Outlet network of more than 300 throughout Pakistan. It is rapidly expanding its network and targeting to become a dominant player in the retail and industrial segments.

To cater to the fast growing requirements of the business, Hascol is aggressively working on development of infrastructure that will assist in uninterrupted supply of products to the consumers. The Company has already established storage facilities at key locations in Pakistan including Karachi, Shikarpur, Doulatpur, and Machike while construction work is in process on MehmoodKot and Tarujabba installations.

Hascol has been awarded the contract to reorganize and operate the Petrol Pump sites on M-2 Motorway. The Company has redesigned all the sites and added state of the art facilities for commuters. This change has been widely appreciated by the public at large and their continued confidence on Hascol brand is a testimony of increasing fueling at the pump sites.

Hascol has taken many initiatives including marketing of FUCHS Lubricants and running the first LPG auto gas station in the country. The Company is focused to take further challenges and become a preferred energy supplier.

Company Website: http://www.hascol.com/

 

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