| INTRODUCTION TO PETROSIN
CNG (Pvt.) Ltd (PCPL)
PCPL has been
incorporated as a Private Limited Company with an objective
to setup directly managed, franchised or jointly ventured,
CNG fuel filling stations under its own brand name.
The Company aims at providing state of the
art equipment and management services to licensees, patrons,
franchise holders and joint venture partners. The Company
intends to have up to one hundred CNG stations up to June
2007 out of which 50 stations are expected to be operational
by June 2005.
The Company is a joint venture between Petrosin
Engineering (Pvt.) Ltd., a Singapore multinational engineering
firm and Associated Group (Pvt.) Ltd., a leading entrepreneurial
group involved in the marketing and storage of LPG mining
and power generation, based in Lahore.
The two companies have harnessed their resources
in order to participate in the development of a sector that
has been given much importance by the Government of Pakistan.
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