CEO announces plan to transform PSO into an integrated energy company

Pakistan State Oil’s (PSO) Chief Executive Officer and Managing Director, Naeem Yahya Mir, said he will turn PSO into an integrated energy company through the incorporation of all aspects of the product supply chain, including exploration, refining, distribution and shipping.
Naeem said the move will minimize dependence on foreign supply chains. The integration will also follow the model of successful companies, which have integrated multiple supply chain aspects within their organization. Naeem said that the process of integration could be achieved by connecting with upstream partners, introducing innovative ideas to beat the competition downstream, and establishing control of its own product supply chain. (November 29, 2012)