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ATTOCK PETROLEUM LIMITED
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Corporate Profile:
Attock Petroleum Limited (APL) is the 4th Oil Marketing Company that was
granted marketing license in February 1997 after PSO, Shell and Caltex.
Thereafter APL was issued the Certificate of Commencement of business in
May 1997.
APL is a part of fully integrated first Oil Company of the
sub-continent, The Attock Oil Company Ltd., which was incorporated with
limited liability in England on December 01, 1913. APL’s sponsors
include Pharaon Commercial Investment Group Ltd. (PCIGL) and Attock Oil
Group of Companies (AOC).
PHARAON GROUP is engaged internationally in diversified types of
entrepreneurial activities which includes Hotels, Oil Exploration,
Production and Refining, Manufacturing of Petroleum Products, Chemicals,
Manufacturing and Trading of Cement, Real Estate Sector etc.
The Attock Oil Company Ltd. after incorporation in 1913 met its first
discovery at Khaur district Attock in 1915. The company was established
to undertake oil exploration and production activities in the
exploration / prospecting licenses and oil mining (development and
production) leases granted by the government. The operations of AOC i.e.
exploration & production and refining activities were split by forming
two subsidiaries, namely Pakistan Oilfields Limited and Attock Refinery
Limited which are listed on the stock exchanges of Pakistan.
Objective:
The main objective of APL was to establish a Group Company in down
stream petroleum sector related to marketing of petroleum products in
Pakistan, which historically was restricted to 3 major players in this
field.
Consequent to Government’s approval, APL has been able to effectively
penetrate in the market by competing with established marketing
companies in a short period and has been able to achieve recognition in
the market.
Terminal:
APL has set new records of success in Oil marketing activities by
successfully completing and commissioning its storage terminal in a
record time of less than a year at Morgah through its own resources.
This terminal is connected with Attock Refinery Ltd. (ARL) through a
pipeline, taking products from ARL and dispensing it well to the
customers and gas stations.
This state of the art terminal is specifically meeting the requirements
of APL and has the capability to cope with the increasing demand in the
region.
APL terminal has storage for High Speed Diesel, Premier Motor Gasoline,
Kerosene Oil, Solvent Oil and Mineral Turpentine Oil. Furnace Oil
facility is being added and is expected to be commissioned by the end of
the current fiscal year.
Petrol Pumps:
APL is continuously expanding its network of retail outlets in urban as
well as in rural areas concentrating mainly in NWFP, Punjab and Northern
Areas of Pakistan. The gas stations have been designed in different
categories, considering customer’s requirements of different trading
areas.
APL gas stations are fully equipped with modern hardware and best
service techniques to provide extraordinary service to the customers.
Other facilities like Tuk shop, Mosque, Rest Areas etc. are added for
customer’s comfort. Plans to add CNG is also underway and work has been
started at various sites.
At present 50 petrol pumps of the Company are operating, while 13 and 29
petrol pumps are under construction and awaiting Government’s approval
respectively.
Lubricants:
APL has the privilege to introduce its own brand of lubricants in the
market. Third party blending arrangements have been made locally. We
offer a wide range of quality lubricants for gasoline, diesel and
industrial consumers.
APL is expanding its network of distribution to all major cities of
Pakistan. Presently these products are being marketed in NWFP, Sind and
Punjab.
Other Products:
Besides retail outlets supplies, APL markets other petroleum products
including Furnace Oil, Light Diesel Oil, Solvent Oil, Mineral Turpentine
Oil, Asphalt and Jute Batching Oil to meet the demands of the industrial
consumers.
APL markets these products throughout Pakistan by selling directly to
the users and through network of distributors and enjoys significant
share in the market in some of the products.
Exports:
APL has entered into oil export business in Afghanistan and has made
some important strides in a short time. APL is also facilitating export
of naphtha to Middle East, Far East and South Asia.
Future Plans:
Company is extending its business to new geographical areas and has been
successful in increasing its share in a competitive market.
Network of retail outlets is being expanded from NWFP to central, lower
Punjab and Sind.
APL is a Pakistan based company and the element of national pride is an
integral part of its working. One of the Company’s objectives in this
regard is to actively pursue a policy to develop the regional
infrastructure and supply chain to cater for its customers needs all
over the country and abroad. APL has recently acquired land at Port
Qasim to build a modern storage terminal to cater import/ export of
petroleum products.
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