Attock Petroleum Limited
 | |
| Company type | Public |
|---|---|
| PSX: APL KSE 100 component | |
| Industry | Petroleum |
| Founded | 1995 |
| Founder | Ghaith Pharaon |
| Headquarters | Rawalpindi, Pakistan |
| Products | Lubricants, LPG, CNG |
| Revenue |  Rs. 487.718 billion (US$1.7 billion) (2023) |
 Rs. 18.407 billion (US$64 million) (2023) | |
| Rs. 12.460 billion (US$43 million) (2023) | |
| Total assets | Rs. 107.954 billion (US$370 million) (2023) |
| Total equity | Rs. 45.219 billion (US$160 million) (2023) |
| Owner | Pharaon Investment Group Limited (34.48%) Attock Refinery Limited (21.88%) Attock Petroleum Limited Employees Welfare Trust (7.04%) Pakistan Oilfields Limited (7.02%) |
Number of employees | 451 (2023) |
| Parent | Attock Oil Company |
| Website | apl |
| Footnotes / references Financials as of 30 June 2023[update] [1] | |
Attock Petroleum Limited (Urdu pronunciation: [a.ˈʈʌk pə.ˈtroʊ.li.əm] ah-TUCK-puh-TROH-lee-uhm) is a Pakistani oil marketing company which is a subsidiary of the UK-domiciled company Attock Oil Company.[2] Based in Rawalpindi, it is the third largest oil marketing company in Pakistan.
History
[edit]Attock Petroleum Limited was incorporated on 3 December 1995 as a public limited company and commenced commercial operations in 1998, one of only four oil-marketing companies to secure an Oil and Gas Regulatory Authority marketing licence that year.[3][4]
In 2005, Attock was listed on the Karachi Stock Exchange, following an initial public offering at a strike price of PKR 57.75.[5][6]
In 2012, Attock began regular supply of JP-8 and ground fuel to the Pakistan Air Force and Pakistan Army.[4]
In 2017, Attock and Pakistan State Oil commissioned a 10,000-tonne hydrant-fed "Fuel Farm" at the New Islamabad International Airport, the first aircraft-refuelling system in Pakistan.[7]
Operations
[edit]Attock operates more than 700 filling stations from Gilgit-Baltistan in the north to coastal Balochistan in the south. It also provides CNG at selected stations. Previously, it also operated two filling stations in Jalalabad and exported white oils and naphtha under the Afghan Transit Trade Agreement.[8]
Products
[edit]Attock markets its mainstream petrol under the Premier and Supreme labels and diesel under DieselMax.[3]
See also
[edit]References
[edit]- ^ "Attock Petroleum Limited Annual Report 2023". Retrieved 29 August 2024.
- ^ Hussain, Dilawar (8 September 2014). "Attock's rising market share". DAWN.COM.
- ^ a b "Attock Petroleum Limited". Business Recorder. 20 March 2025. Retrieved 5 May 2025.
- ^ a b "A look at Attock Petroleum". Dawn. 2 December 2012. Retrieved 5 May 2025.
- ^ "Attock Petroleum oversubscribed 18 times". Brecorder. 8 February 2005.
- ^ "Attock Petroleum lists on three bourses". Dawn. 7 March 2005. Retrieved 5 May 2025.
- ^ "PSO, Attock Petroleum: Joint venture builds fuel storage at new airport". The Express Tribune. 18 June 2017. Retrieved 5 May 2025.
- ^ "Oil-marketing company: Attock Petroleum Limited—analysis of financial statements (June 2004–June 2006)". Business Recorder. 5 January 2006. Retrieved 5 May 2025.
External links
[edit]
- Oil and gas companies of Pakistan
- Companies based in Rawalpindi
- Energy companies established in 1995
- Non-renewable resource companies established in 1995
- Pakistani companies established in 1995
- 2005 initial public offerings
- Companies listed on the Pakistan Stock Exchange
- Companies in the KSE 100 Index
- Pakistani subsidiaries of foreign companies
- Automotive fuel retailers