Pakistan State Oil
Headquarters of the Pakistan State Oil in Karachi | |
Native name | پاکستان ریاستی تیل |
|---|---|
| Company type | Public |
| PSX: PSO KSE 100 component KSE 30 component | |
| Industry | Oil and gas |
| Predecessors |
|
| Founded | 1 January 1974; 30 December 1976 (as PSO) |
| Headquarters | , |
Area served | Pakistan |
Key people | |
| 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) |
| Rs. 24.36 billion (US$84 million) (2023) | |
| 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 |
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| Website | psopk |
Pakistan State Oil Company Limited (PSOCL) operating as PSO, is a Karachi-based, state-owned energy company. Established in 1976, the company operates in the oil and gas industry.As of 2024, it maintains a network of 3,580 retail outlets, nine installations, 19 depots, refueling facilities at 14 airports, and operations at two major seaports. It also has the country’s largest storage capacity of 1.24 million tons, PSO supplies fuel to 3 million customers daily, and holds a market share of 51.6% in Pakistan's downstream oil market.