Briefing on PSO matters

Karachi: The Sub Committee of Standing Committee on Petroleum and Natural Resources convened its meeting at PSO House, here on Thursday. It was chaired by Ch. Bilal Ahmed Virk. Nawab Ali Wassan attended the meeting as a member of the sub-committee. The Ministry of Petroleum and Natural Resources was represented by Additional Secretary Petroleum, Arshad Mirza, while Managing Director & CEO Pakistan State Oil (PSO), Mr. Amjad Parvez Janjua led the PSO team.

Amjad Parvez Janjua, MD PSO welcomed the members and provided a comprehensive briefing on PSO’s role in energy sector. The presentation covered various elements of PSO’s supply chain and included details regarding the Company’s geographical presence nationwide such as its well-established storage infrastructure, wide-spread retail network and leading position in the majority of the POL product markets. The members were further apprised of the management’s efforts to adopt best industry practices and ensure compliance with the legal and regulatory framework.

The committee members said that it is the role of the Committee to provide guidance to national entities for further improvement and to facilitate them in resolving their issues.

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