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SHELL PAKISTAN LIMITED
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Shell is a superior brand name with a 100 year history in this region -
in fact the company is still in possession of a fuel storage tank from
1899. However, the documented history of the Royal Dutch/Shell Group in
the Indo-Pakistan sub continent dates back to 1903 when a partnership
was struck between The Shell Transport and Trading Company and the Royal
Dutch Petroleum Company to supply petroleum products in Asia. In 1928,
to enhance their distribution capabilities, the marketing interests of
the Royal Dutch/Shell Group and Burmah Oil Company Limited in India were
merged and the Burmah Shell Oil Storage Distribution and Storage Company
of India was born. After the Independence of Pakistan in 1947, the name
was changed to the Burmah Shell Oil Distribution Company of Pakistan. In
1970, when 51% of the share holding was transferred to Pakistani
investors, the name of the company changed to Pakistan Burmah Shell
(PBS) Limited. The Shell and Burmah group retained the remaining 49% in
equal proportions. In February 1993, as a result of a decision by Burmah
Oil to divest in Pakistan and the deregulation policy of the Government,
the Shell Petroleum Co. bought the shares of Burmah Oil Company and 2%
shares from the market to become the major shareholder in Shell Pakistan
Limited (SPL). In February 2002 The Shell Petroleum Company Ltd
increased its shareholding to 76.1% which further demonstrated Shell's
continued confidence in the country's economic progress and in the oil
and gas sector.
Shell Pakistan is divided into six functional areas i.e. Retail,
Commercial, Aviation, Operations, Finance and Human Resources. It is
presently headed by Mr. Farooq Rahmatullah, who is the Chairman and
Managing Director. Company controls a market share of approx. 30% for
white oil products in Pakistan. Shell Pakistan's long- term commitment
towards developing the industry in Pakistan was reflected by the
disbursement of the final tranche of its investment in the White Oil
Pipeline Project amounting to Rs. 1,788 million, thereby raising
cumulative investment of the company in the project to Rs. 1,872
million. Additionally Capital Expenditure amounted to Rs. 814 million
compared to Rs. 703 million last year.
The primary goal of the company is to position itself as the preferred
oil company in Pakistan, leading the field in its commitment to customer
service, quality of products, safety and environmental protection.
Current Performance:
In the financial year 2002-03 after tax profits increased to Rs.
1,255 million from Rs. 1,063 million last year, an increase of 18%. The
growth in profits mainly results from the increase in distributors
margins coupled with the shift in sales mix to higher margin products.
The Company’s pro-active approach to developing the CNG business is
embedded in our overall Retail strategy with 54 sites now offering CNG
to consumers and more to come. Shell Pakistan is providing refuelling
facilities for the first batch of CNG fitted busses in Karachi. This
supports our CNG strategy, whilst protecting the environment by
promoting the usage of cleaner, greener fuels in congested cities.
During the year an Urban mass transit bus fleet was signed up for supply
of Lubricants and HSD in Lahore and Multan and we prudently commenced
sales into the Afghanistan market with the shipment of our first
consignment of lubricants in early January 2003.
Numerous Customer Value Propositions were delivered at our retail
outlets that include the first ever drive-through ATM, first ever
pharmacy, the commissioning of Rimula Service Centres and we now provide
our customers with the convenience of paying household bills at several
pump sites in the major cities of the country.
Strategies have been developed to enhance the efficiency of the Retail
network, based on an extensive study and analysis of the Pakistan Retail
market and our existing network, conducted with support from Shell's
international experience and expertise.
Shell Pakistan ran a nationwide campaign entitled "Quality and Quantity"
to create awareness among customers. Ten dedicated Quality Control Units
now operate around the clock and play a key role in the quality
assurance process. We also remain committed to our rigorous training
program for the forecourt staff. These activities demonstrate our
commitment to maintaining premier levels of customer service.
Placement In The Industry:
SHELL PAKISTAN LTD is the second largest Oil Marketing Company with a
market share of 30% of white oil products. During the current year, we
captured a further 4% share in the lubricants market raising our share
to 44%. Although we did feel the effects of a shrinking fuels market
this year, Shell Pakistan’s fuel sales declined by 6.3%, compared to an
industry average of 6.8%. Shell Pakistan’s average throughput per petrol
station is of 2.2 million litres as compared to an industry average of
1.6.
Through OCAC Shell has taken the lead role for the revision of the
standards enshrined in various laws relating to the petroleum sector.
Technology:
Shell has embarked on a Group Infrastructure Desktop (GID) Project to
provide an efficient, global and uniform standard suite of software and
hardware (desktops, notebooks, file servers and networks) for all
companies in the Shell group with centrally managed information
security. This will enable global communication, organizational
flexibility, and knowledge sharing to meet the challenges of doing
business in today’s world.
Health, Safety And Envoirnment:
Road safety initiatives previously launched have been further
consolidated to ensure the safety of our road tanker operations. This
includes introducing new vehicles meeting all the requirements of
National Highway Authority axle weight regulations and Shell Group
Standards, promoting haulier professionalisation, providing route
information and health checks for the drivers, and spreading road safety
awareness amongst the general public.
Development Of Human Resource And Society:
The Company supports a broad range of social development initiatives in
the areas of health, education, sports, heritage and community
developments.
A major initiative this year was the launch of the youth enterprise
community project ‘Tameer’, a local version of the international Shell
project Livewire which encourages young people aged between 16 - 32
years to see starting a business as a viable career option.
The company has launched a major Diversity & Inclusiveness initiative to
position itself for future growth. Diversity is not just about gender
targets but in a traditionally male-dominated industry, it is a priority
for us. In recognition of our efforts in promoting Diversity, your
company received a Recognition Award for Gender-Sensitive Management
from Workers-Employers Bilateral Council of Pakistan (WEBCOP) jointly
with the Alliance Against Sexual Harassment.
Over 40 of our employees are currently working in Shell Group companies
worldwide. Staff members who have completed their assignments abroad
have returned and are contributing to SPL’s performance.
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