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April 17, 2007 Tuesday Rabi-ul-Awwal 28, 1428


Bosicor to open first outlet



By Our Equities Correspondent


KARACHI, April 16: Bosicor Pakistan Limited, the fifth oil refinery in the country, is set to commission its first service station / petrol pump by June. It would be one of the 70 such outlets on which development work is currently in progress.

The company stated in a public announcement on Sunday that it had embarked on developing a network of retail outlets across the country.

“The target is to develop modern and contemporary service stations offering fuel products, lubricants and all other necessary allied services, as per international quality and safety”, the company said.

In essence, the purpose of the announcement was to invite applications from those possessing “a suitable plot” which has the potential to be developed into a petrol pump/CNG station, to enter into a long-term business prospect.



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