Pso Financial Analysis 2010

Pakistan State oil Introduction of the Organization Pakistan State Oil (PSO), the largest oil marketing lodge in Pakistan (with a market helping of 80%), was formed in 1976 through the merger of Pakistan field Oil, Premiere Oil, and Esso. PSO operates 3,600 retail outlets, including more than 1,600 New Vision sell Outlets that offer, besides the usual plash-station services, an Internet kiosk, car wash, and other amenities. The company additionally sells a abounding range of petroleum and connect products, including fuel oil, industrial oils, and petrochemicals. The Government of Pakistan controls a majority take a chance in the publicly traded PSO. History of Pakistan State Oil PSO came into being in the mid-1970s when the Government of Pakistan amalgamated three Oil Marketing Companies: Esso Eastern, Pakistan subject area Oil (PNO) and Dawood Petroleum as part of its Nationalization visualize. From 1999 to 2004, PSO had undergone radical changes, both internal and external and has emerged with a unexampled look and as a market leader with a longterm vision. The company is the only public sector entity in Pakistan that has been competing in effect with three foreign multinationals, Shell, Caltex and Total. PSO is currently enjoying over 73% part of Black Oil market and 59% share of washrag Oil market.

It is engaged in import, storage, distribution and marketing of versatile POL products including, mogas, high speed diesel (HSD), fuel oil, commons fuel, kerosene, liquefied petroleum gas (LPG), compressed natural gas (CNG) and petrochemicals. PSO also enjoys around 35% market participation in lubricants and is blending/marketing Castrol brands, in addition to a tolerant array of its own. It is considered as one of the most successful mergers in the history of Pakistan. The company has retail coverage of over 3,800 outlets, representing 80% participation in total industry network. The company has been the success of Karachi Stock Exchange Top Companies Award for many geezerhood and is a member of... If you want to get a full essay, order it on our website: Orderessay

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