اردو

PSO Group Companies

Major strategic investments to become stronger in the competitive landscape.

Pakistan Refinery Limited

Subsidiary Company - 63.6%

Pakistan Refinery Limited (PRL) was established in May 1960 as a public limited company in Pakistan and is now listed on the Pakistan Stock Exchange. Strategically located on the coastal belt of Karachi, Pakistan, the refinery has been specifically designed to cater to the country's diverse fuel needs by processing both imported and domestic crude oil. Currently, PSO holds a significant 63.6% equity stake in PRL, further strengthening the partnership and its commitment towards meeting Pakistan's energy needs.

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Cerisma (Private) Limited

Subsidiary Company: 100%

Cerisma (Private) Limited is a fully owned subsidiary of PSO. The company’s primary focus lies in the establishment, management, ownership, administration, and operation of an electronic money institution (EMI) in accordance with EMI Regulations. Cerisma’ s main place of business is located in Sindh, Pakistan.

PSO Renewable Energy (Private) Limited

Subsidiary Company – 100%

PSO Renewable Energy (Private) Limited was established as a wholly owned subsidiary. The company’s primary focus is on engaging in the renewable energy sector, encompassing manufacturing, processing, and installation. The company's main base of operations is located in Sindh, Pakistan.

PSO Venture Capital (Private) Limited

Subsidiary Company – 100%

PSO Venture Capital (Private) Limited was incorporated as a wholly owned subsidiary. The principal activity of this entity is to carry out the business of a private fund management company and to provide private equity and venture capital fund management services. The registered office of the company is situated in Sindh, Pakistan.

Pak Grease Manufacturing Company (Private) Limited

Associated Company – 22%

Pak Grease Manufacturing Company Limited (PGMCL) was established in Pakistan on March 10, 1965 as a privately held company with the purpose of producing and distributing high-quality petroleum grease products. Notably, PGMCL has forged a strategic partnership with PSO, one of the leading energy companies, which holds a significant 22% equity stake in PGMCL.

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Asia Petroleum Limited

Associated Company - 49%

Asia Petroleum Limited (APL) was established in Pakistan as an unlisted public limited company. The company has been principally established to transport “Residual Fuel Oil” to the Hub Power Company Limited located at Hub, Balochistan. To fulfil this purpose, APL has laid an underground oil pipeline connecting PSO's Zulfiqarabad terminal at Pipri to HUBCO at Hub. PSO holds a 49% equity stake in APL, cementing its partnership in this venture.

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