Appointment of Chief Executive Officer of Hascol Petroleum Limited.

Karachi -- Hascol Petroleum Limited informed Pakistan Stock Exchange that Mr. Rehan Riaz has been appointed as Chief Executive Officer with effect from May 19, 2021 in place of Mr. Shahid Hussian Bhutto.

The announcement is available at:

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Hascol Petroleum Limited is engaged in the purchase, storage and sale of petroleum products such as Fuel Oil, High Speed Diesel, Gasoline, Jet A-1, LPG and Lubricants.

The company was incorporated in 2001 under the 1984 companies' ordinance, primarily to take advantage of the petroleum sector deregulation and undertake a programme for owning, leasing and renting oil storage facilities as well as importing petroleum products for its own account.

In February 2005 Hascol was granted a full marketing license by the Government of Pakistan and since then, Hascol has been engaged in developing a retail network under HASCOL brand and by 31st December 2014 we will have...