PAKISTAN OILFIELDS LIMITED

PAKISTAN OILFIELDS LIMITED

Company Type:

Pakistan Oilfields Limited (POL) is an exploration and production (E&P) company. It is primarily involved in the extraction, development, and production of crude oil, natural gas, and liquefied petroleum gas (LPG). While not a "factory" in the traditional sense of manufacturing consumer goods, it is a producer of raw energy resources and performs significant processing activities. It is not a pure trader.

Company Introduction:

Pakistan Oilfields Limited (POL) is a prominent and long-established indigenous oil and gas exploration and production company based in Pakistan. Founded in 1950, it traces its origins as the exploration division of the Attock Oil Company Limited before becoming an independent public limited company.

POL's core business activities span the entire upstream petroleum value chain, including seismic data acquisition, exploration for new reserves, development of discovered fields, and the production of crude oil, natural gas, and liquefied petroleum gas (LPG). The company operates several significant oil and gas fields across Pakistan, such as Dhulian, Meyal, Pindori, and holds a substantial interest in the large Tal Block, which are vital contributors to the nation's energy supply.

In addition to its primary exploration and production operations, Pakistan Oilfields Limited is also engaged in the marketing of LPG. The company maintains a significant equity stake in Attock Refinery Limited (ARL), a major crude oil refinery, thereby integrating its operations further into the energy sector's downstream segment.

With a rich history and a diversified portfolio of assets, POL plays a critical role in Pakistan's energy landscape, contributing substantially to the country's energy security and economic growth by supplying essential petroleum products and natural gas to the domestic market.

PAKISTAN OILFIELDS LIMITED produces or sells the following products:

* Crude Oil

* Natural Gas

* Liquefied Petroleum Gas (LPG)

* Naphtha