KARACHI (PR): PSO held its 37th Annual General Meeting at a local hotel recently. The meeting was chaired by PSO Board of Management Member Dr. Mirza Ikhtiar Baig.Present at the meeting were Amjad Parvez Janjua, Managing Director, PSO; Raja Hameed Saleem, Member BOM; Sohail A Butt, DMD (Finance & IT); Mr Jehangir A Shah, DMD (Operations) and other members of the PSO Management team.
Janjua provided an overview of Pakistan’s economy and the energy sector, with a particular focus on oil and gas sector.He highlighted the petroleum consumption pattern in the country, PSO’s product-wise market share and the competitive landscape of the oil market. The presentation covered key financial and market performance indicators of PSO and the management’s strategic objectives to establish the company’s market leadership on sustainable basis, develop PSO as a brand of choice for customers, rationalize product portfolio, optimize procurement, ensure quality, safety and environmental efficiency; and maximize return to theshareholders while fulfilling corporate social responsibilities.