Teamwork: Vitol CEO meets Hascol management

The project will be the largest terminal in Port Qasim with a storage capacity of 200,000 MT


Press Release May 25, 2016

KARACHI: Vitol Group CEO Ian Taylor paid a one-day visit to Pakistan and had the opportunity to meet various petroleum industry leaders and the Hascol management team for further enhancement of business interests of the Vitol-Hascol alliance. He inaugurated Hascol’s new oil terminal at Keamari in an enclosed ceremony where he addressed the media and enlightened them regarding the changing perspective of the globe for Pakistan and how Pakistan is emerging as a lucrative hub for investors. Hascol Chairman Mumtaz Hasan Khan and Executive Director Saleem Butt added to his views by highlighting the outcomes of the Hascol-Vitol alliance and optimistically shared their prospects with the media. Later in the course of events, Taylor, accompanied by Hascol’s top management, proceeded for the stone laying ceremony at the Hascol Terminal, Port Qasim. The project will be the largest terminal in Port Qasim with a storage capacity of 200,000 MT and will cost $30 million.

Published in The Express Tribune, May 26th, 2016.

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