Petroleum Limited is engaged in the purchase,
storage and sale of petroleum products such
as Fuel Oil, High Speed Diesel, Gasoline,
Jet A-1, LPG 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
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 December 2014 we will have commissioned over two hundred and fifty retail outlets, in the four provinces of Pakistan and Azad Kashmir. This number will rise to 300 by the end of 2015.
Hascol has developed storage facilities at Machike and Shikarpur . Land has also been acquired at Mehmoodkot and Daulatpur and storage facilities will be completed by March 2015. At Keamari and Port Qasim, Hascol has leased tankage under its own management.
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.
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 is a major supplier of Lubricants to the Pakistan Army.
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. We have applied for land at Karachi Airport and as soon as Civil Aviation Authority allocates the land we will start aircraft refuelling service.
Hascol has also started 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