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Pakistan State Oil assures commitment to development in Balochistan

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Karachi, December 05, 2012 (PPI-OT): Members of the National Assembly visited PSO House on Wednesday for a briefing on the national energy giant’s performance over the past year and the employment opportunities the company offers to the people hailing from different areas of the country.

During the course of the meeting, Mr. Naeem Yahya Mir-CEO and MD-PSO thanked the NA members for visiting PSO as it was under their guidance and direction that the company was striving to serve the energy needs of the country.

Speaking further, the MD apprised the parliamentarians that PSO was dedicated to serving all segments of the country in a fair and equitable manner. Elaborating on this, the MD explained that the company had initiated multiple development projects in different areas across the country including Balochistan.

This included the upcoming establishment of a new deep sea mooring point and storage facility at Hub.
This new facility would provide employment opportunities for the local people and serve to enhance the national oil storage capacity by 10-14 days while reducing congestion at the Fotco and Keamari jetties.

He also spoke on the Memorandum of Understanding (MoU) signed with the provincial government for establishment of a 5,000 acre bio-diesel plantation located at Uthal, Balochistan. This plantation would serve as an agricultural and technological hub for the development of bio-fuels in Pakistan and act as a pilot project for commercial investors nationwide.

The MD also pledged that PSO would provide further employment opportunities to the youth of Balochistan and ensure a 7-8 % employment quota for the inhabitants of the province. In the future the company would also entertain the resumes of engineering and technical graduates at its depots in order to provide greater convenience to the inhabitants of these areas.

Additionally, as part of the company’s commitment to provide uninterrupted fuel supplies to all corners of the country, he promised to re-open the Khuzdar depot in order to get rid of any product dry-out situations at PSO retail outlets in Quetta and its surrounding areas.

The Assembly members commended the MD for his proactive strategies and assured him of their support for his future plans.

PSO in its role of being both a public sector as well as the largest energy company in Pakistan today is committed to meeting the fuel needs of the country in a timely and responsible manner.

For more information, contact:
Naimatullah Behan
DGM – Public Relations
Pakistan State Oil (PSO)
PSO House, Khayaban-e-Iqbal, Clifton,
Karachi 75600, Pakistan
UAN: 111 111 PSO (776) Ext: 230


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