 Hascol
Petroleum Limited is engaged in the purchase,
storage and sale of petroleum products such
as Fuel Oil, High Speed Diesel, Gasoline,
Jet A-1 and Lubricants.
The company was incorporated in 2001 under
the 1984 companies ordinance, primarily to
take advantage of the petroleum sector deregulation
and undertake a programme for owning, leasing
and renting oil storage facilities as well
as importing petroleum products for its own
account.
In February 2005 Hascol was granted a full
marketing license by the Government Of Pakistan
and since then, Hascol has been engaged
in developing a retail network under HASCOL
brand and by 31st March 2011 we will have
commissioned two hundred retail outlets,
in the four provinces of Pakistan. This
number will rise to 250 by the end of 2011.
 Hascol
is also developing storage facilities at
Machike and Shikarpur . Work is already
in progress at Shikarpur, and land has been
acquired at Machike. At Keamari Hascol has
leased tankage at Al-Rahim Terminal.
Hascol has in place Hospitality arrangements
with Pakistan State Oil company & Shell
Pakistan for storage and handling of products
at Keamari, Shikarpur, Machike and Sihala.
Prior to the incorporation of the company,
the main personnel have been involved in
the Pakistan oil industry for over thirty
years, dealing with imports and marketing
of refined products such as Gasoil, Fuel
Oil, Kerosene, Gasoline and Base Oil. Hascol
Petroleum Limited has, independently or
through its associated company Hascombe
Limited, extensive links with the domestic
and international oil trading companies.
 Hascol
has concluded arrangements with Fuchs Lubricants
of Germany to produce and market full range
of Automotive / Industrial Lubricants &
Greases. In the initial stages, Hascol is
getting the lubricants blended under a Toll
Blending Agreement and will subsequently
put up its own blending plant in Karachi.
Hascol has started started a Bunkering
Division which is supplying High Sulphur
Fuel Oil (HSFO) and Marine Gas Oil (MGO)
at Karachi and Port Qasim. Additionally,
we have a full range of Fuchs Marine Lubricants
at competitive prices.
Hascol has started a Bunkering Division
and will be able to provide bonded supplies
of High Sulphur Fuel Oil (HSFO) and Marine
Gas Oil (MGO) at Karachi and Port Qasim.
Additionally, we have a full range of Fuchs
Marine Lubricants at competitive prices.
Hascol has signed a Technical Services
Agreement (TSA) with Emirates National Oil
Company Limited (E.N.O.C) UAE, to start
aircraft refuelling services at Karachi
and other main airports in Pakistan.
Hascol also plans to market LPG as an automotive
fuel through its retail network, and for
this necessary license has been obtained
from OGRA and supply arrangements have been
made with well known LPG marketing companies
in Pakistan.
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