Vitol, Hascol officials meet PM, discuss future investment in Pakistan

Senior Directors of Vitol, Hascol CEO Saleem Butt & Hascol Chairman Mumtaz Hasan Khan met Prime Minister Imran Khan, accompanied by Finance Minister Hafeez Shaikh, Petroleum Minister Omar Ayub and Adviser on Petroleum Nadeem Babar.

The discussion revolved around the current foreign investment by Vitol and Hascol in oil marketing and storage infrastructure of the country and future plans to invest in areas of oil and LPG infrastructure and LNG sectors.

Hascol Petroleum Limited has invested over Rs. 33 Billion in storage and retail infrastructure across Pakistan. Collaborative investments by Hascol & Vitol have significantly contributed to address the shortage of petroleum storages in the country and to uplift the country’s economy.

Both the organisations are geared towards further uplifting Pakistan’s infrastructure to support the Government’s vision.