Hascol Petroleum Limited (formerly Hascombe Storage Ltd.)

Hascol Petroleum Limited in English:

Hascol Petroleum Limited (formerly Hascombe Storage Ltd.) - Company Profile

Overview:

Hascol Petroleum Limited is a prominent Pakistani company operating in the downstream oil and gas sector. It was incorporated in Pakistan in 2001 and commenced commercial operations in 2005. The company was formerly known as Hascombe Storage Ltd., reflecting its initial focus and historical strength in petroleum storage infrastructure.

Business Activities:

Hascol is primarily engaged in the procurement, storage, distribution, and marketing of a range of petroleum products and lubricants. Its main products include:

Motor Gasoline (Petrol)

High-Speed Diesel (HSD)

Furnace Oil

Jet Fuel

Liquefied Petroleum Gas (LPG)

Lubricants

The company operates an extensive network of retail outlets (petrol stations) across Pakistan, serving both individual consumers and commercial clients. It also supplies fuel products to industrial customers, power generation companies, and government entities. Hascol has invested significantly in developing storage depots and logistical infrastructure throughout the country to support its marketing and distribution activities.

Nature of Business: Trading and Marketing (Not Primarily a Factory/Manufacturer)

Hascol Petroleum Limited functions primarily as an Oil Marketing Company (OMC). This means its core business is focused on the trading, distribution, and marketing aspects of the petroleum supply chain, rather than the manufacturing or refining process.

Trading/Distribution Focus: Hascol purchases refined petroleum products from local refineries and/or imports them. It then utilizes its storage facilities (depots) and transportation network to distribute these products to its retail stations and bulk customers.

Not a Manufacturer (Refinery): Hascol does not operate oil refineries where crude oil is processed into finished petroleum products. That role is fulfilled by refinery companies. Hascol operates downstream from the refining process.

In summary, while Hascol operates significant physical infrastructure like storage depots and retail sites (which could be mistaken for industrial facilities), its fundamental role is that of a large-scale marketer and distributor (akin to a specialized trading entity with extensive logistics) within Pakistan's energy sector, not a manufacturer/factory in the traditional sense of converting raw materials (like crude oil).

the information about the products and services typically offered by Hascol Petroleum Limited in Pakistan, presented in English:

Hascol Petroleum Limited is an Oil Marketing Company (OMC) in Pakistan. Its primary business involves the procurement, storage, distribution, and marketing of petroleum products and lubricants.

Key products and services typically offered by Hascol include:

1. Motor Fuels:

Motor Gasoline (Mogas / Petrol): Various grades such as RON 92 and potentially higher grades like RON 95/97, subject to availability and market conditions.

High-Speed Diesel (HSD): Fuel for diesel engines in vehicles and generators.

2. Industrial Fuels:

Furnace Oil (FO): Used primarily by power generation plants and various industries for heating and energy production.

3. Lubricants:

Automotive Lubricants: A range of engine oils, gear oils, transmission fluids, and greases for passenger cars, motorcycles, trucks, and buses.

Industrial Lubricants: Specialized lubricants designed for various industrial machinery and applications.

4. Retail Network:

Operation of a network of retail fuel stations (petrol pumps) across Pakistan. These stations sell fuels and lubricants, and often offer additional services like convenience stores, tyre shops, oil change facilities, and car washes.

5. Storage and Logistics:

As part of its core operations (and reflecting its history as Hascombe Storage Ltd.), the company operates storage depots and manages the logistics required to transport fuel from refineries or import terminals to its retail network and industrial customers.

Please note that the specific product range and availability might fluctuate based on market dynamics, supply situations, and the company's strategic focus at any given time.