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Pakistan State Oil Snapshot
Pakistan State Oil (PSO), the largest oil marketing company in Pakistan (with a market share of 80%), was formed in 1976 through the merger of Pakistan National Oil, Premiere Oil, and Esso. PSO operates 3,600 retail outlets, including more than 1,600 New Vision Retail Outlets that offer, besides the usual gas-station services, an Internet kiosk, car wash, and other amenities. The company additionally sells a full range of petroleum and related products, including fuel oil, industrial oils, and petrochemicals. The Government of Pakistan controls a majority stake in the publicly traded PSO.
