Pakistan State Oil establishes first community-owned petrol station

Pakistan State Oil (PSO), the nation’s leading energy company, has established the world’s first ever community-owned station at Gujrat.
A PSO statement issued April 19, 2013, said that this project has been undertaken by PSO’s Chief Executive Officer and Managing Director Naeem Y. Mir. This retail outlet is the first ever of its kind in the world. It was established based on the company’s new vision of social emancipation by which the company intends to empower local communities and provide them with the tools they need to improve their status quo.
This project will help support local communities to own their own businesses, generate employment opportunities for themselves and increase their standards of living. Through this initiative, retail outlets will be placed in underdeveloped areas, and ownership will belong to local residents. The entire worth of the station will be divided into shares for the community.
Furthermore, PSO plans to establish two retail outlets in each province of the country, for a total of 10 outlets nationwide in this year alone.
The PSO statement said that the introduction of this idea was met with great appreciation by local residents who thanked PSO for its efforts and pledged to maintain the station as per PSO standards.
Speaking on the occasion, Mir said, “Today we have proved that PSO is truly a national company and that we go beyond the bounds of business to touch the lives of the people of Pakistan.”
Also present was Zulfiqar Jaffri, SGM of retail and lubricants, along with other members of the retail business team.
(April 19, 2013)