Daily Times

HASCOL Petroleum Limited and TOTAL PARCO Pakistan Limited entered into Joint Storage Agreement for Sahiwal & Daulatpur. The Agreement was signed by Mr Mumtaz Hasan Khan, Chairman Hascol and by Mr Oliver Sabrie, CEO, TOTAL PARCO in a ceremony held at Hascol’s Thalian Depot on 25th March, 2019. The arrangement between the two Companies is on equity participation basis which will have a significant impact on the optimization initiative for storages and infrastructure. The Management of both the companies remained committed to strive for safe and reliable business operations and thanked all the project team members for having reached a milestone in the Petroleum Sector for the betterment of the Country.