PSO to support electric vehicle charging, automation
News Desk
The Petroleum Division has assured state-run oil marketing company Pakistan State Oil (PSO) to extend support in embracing new technologies specifically electric vehicle charging and automation.
Federal Minister for Energy Omar Ayub Khan and Special Assistant to the Prime Minister (SAPM) on Petroleum, Nadeem Babar accompanied by Secretary Petroleum, Mian Asad Hayaud Din visited the country’s flagship oil company, Pakistan State Oil (PSO).
Chairman, PSO Board of Management, Mr. Zafar I. Usmani, Chief Executive Officer & Managing Director PSO, Syed Muhammad Taha, and the Company’s senior management welcomed the honorable guests at PSO’s head office in Karachi.
In view of the changing business landscape, the Minister stressed embracing new technologies specifically electric vehicle charging and automation.
He added that the Government of Pakistan (GOP) is introducing flexible business policies to galvanize innovation and growth in the energy sector.
The petroleum division also assures support in entailing new ventures, business opportunities including diversification and business integration in refining projects.
Federal Minister Omar Ayub Khan chaired the meeting wherein CEO & MD PSO briefed the dignitaries on the Company’s operational and marketing performance, regulatory environment, organizational dynamics, strategic thrust, future plans, and key achievements including the launch of Euro 5 standard fuels and the establishment of an electric vehicle charging unit in Islamabad.
The Federal Minister lauded PSO’s role during the fuel crisis amid the pandemic when the national flag bearer fulfilled its responsibility by ensuring an uninterrupted of fuel across the nation. He also appreciated PSO’s environment friendly fuel initiatives and encouraged further exploration of biofuels and cleaner energy solutions.
In view of the changing business landscape, the Minister stressed embracing new technologies specifically electric vehicle charging and automation.
He added that the government of Pakistan (GOP) is introducing flexible business policies to galvanize innovation and growth in the energy sector.
SAPM on Petroleum, Nadeem Babar appreciated the oil market leader’s initiatives and said that PSO is setting benchmarks and leading the sustainable energy revolution in the country by introducing environment-friendly fuel choices.
He expressed the Ministry’s support on PSO’s infrastructure expansion plans and resolution of key issues.
Secretary Petroleum, Mian Asad Hayaud Din acknowledged PSO’s role in driving the country towards a better future by taking initiatives in line with GOP’s policies and revolutionizing Pakistan’s energy landscape.
He said that PSO’s long-term plans also include the exploration of new business avenues to ensure sustainable growth.
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Chairman PSO Board of Management, Mr. Zafar I. Usmani, and CEO & MD PSO, Syed Muhammad Taha reaffirmed PSO’s role as the national flag bearer and leader of positive change in Pakistan.
The Company is committed to maximizing shareholder value, playing a key role in bringing GOP’s energy sector reforms to fruition, fulfilling its corporate social responsibilities, and contributing to the overall progress of the country.
