company traded as kse shel industry oil and gas founded 1898 ; 118 years ago 1898 as asiatic petroleum 1928 ; 88 years ago 1928 as burmah shell 1970 ; 46 years ago 1970 as pakistan burmah shell 1993 ; 23 years ago 1993 as shell pakistan ltd. headquarters shell house karachi pakistan head office area served nationwide key people omar y sheikh managing director and country chair products gasoline aviation fuels compressed natural gas and lubricants parent royal dutch shell website www.shell.com.pk shell pakistan limited spl is a subsidiary of royal dutch shell plc and has been in south asia for over 100 years . 1 shell s flagship business in pakistan is the downstream retail marketing company shell pakistan limited which has interests in downstream businesses including retail lubricants and aviation 2 shell pakistan has a primary listing on karachi stock exchange . it is also listed on lahore and islamabad stock exchange . contents 1 history 2 shell s history in the south asia 3 shell businesses stakeholders 3.1 aviation 3.2 shell lubricants 3.3 shell retail 3.4 pakistan refinery limited 3.5 pak arab pipeline company limited 4 corporate affairs 4.1 management 4.2 board of directors 5 shell pakistan in 2012 6 fast facts 7 government receivables 8 notes 9 references history edit royal dutch petroleum company spent almost 12 years exploring oil and getting production under way before being registered as an enterprise in 1890 . in february 1892 these efforts were rewarded by crude oil flowing from the company s wells in the north sumatran jungles . the remote location of these wells required royal dutch petroleum to emerge as an integrated oil company from well head to consumer exporting its products around asia . to do this royal dutch petroleum reached an agreement with merchant trading company m samuel & co to operate the asian arm of their transportation business . the fleet formed an integral part of shell s entrance into asian oil market by shipping kerosene in bulk from russia via the suez canal . in 1897 the venture was incorporated as shell transport and trading company . in 1907 royal dutch petroleum company merged with shell transport and trading company . 3 though the two companies originated from different positions royal dutch as an upstream producer and refiner and shell transport a midstream transporter and wholesaler of oil because both companies were focused on asian markets they were able to combine their marketing operations in asia to form a joint venture called asiatic petroleum . shell s history in the south asia edit 1898 asiatic petroleum percentage ownership of shell 100 % 1928 burmah shell percentage ownership of shell 50 % 1947 burmah shell pakistan percentage ownership of shell 50 % 1970 pakistan burmah shell percentage ownership of shell 24.5 % 1993 shell pakistan ltd. percentage ownership of shell 51 % 2000 shell pakistan ltd. percentage ownership by shell 59.7 % 2002 shell pakistan ltd. percentage ownership by shell 76.1 % shell businesses stakeholders edit shell pakistan op marketing aviation and commercial lubricants retail pakistan refinery limited . prl pak arab pipeline co. papco aviation edit the aviation business is an important and profitable part of shell pakistan limited s spl portfolio . shell s presence at five major airfields across pakistan has enabled the company to be involved in supplying both domestic and foreign airline carriers making shell aviation the second largest jet fuel supplier in pakistan with over 30 % market share . shell lubricants edit spl is the largest lubricant marketing company in pakistan with over 20 % share of the total lubricant market in the country . spl s lubricant business is the second most profitable within shell s global lubricant portfolio . citation needed the business is focused on sales of key shell brands rimula helix & advance to high street traders and the transportation sector as well as heavy duty brands to industrial customers and power sector customers . shell retail edit spl is the second largest oil marketing company omc and the largest private omc in pakistan with a 25 % share of the white oils market . the retail business comprises over 800 retail outlets . citation needed pakistan refinery limited edit pakistan refinery limited prl located at karachi is the third largest refinery in the country 4 with a refining capacity of 2.1 mn tons per annum . the refinery was set up in the 1960s and shell has a 26 % equity interest in it . with the introduction of the deemed duty element in the oil products pricing mechanism in 2001 the refineries profitability has improved considerably . as 50 % of its profits are mandated by the government to be retained for upgrading modernization prl is now embarking on major up gradation projects including expansion and de sulphurization . pak arab pipeline company limited edit in august 2001 a new company called pak arab pipeline company papco was formed to construct and operate a critical 840 km white oil pipeline for transportation of ago from karachi to major markets in the centre and north of pakistan . spl has a 26 % equity interest in papco and the papco s chief financial officer remains a spl nominee . the pipeline has been operational since q1 2005 and is an important element in business continuity and transport safety in the sector . citation needed corporate affairs edit management edit farooq rehmatullah succeeded david m weston in 2001 to become the first pakistani national ceo of spl . he retired in 2006 . spl managing directors farooq rehmatullah april 2001 june 2006 quentin d silva may august 2006 zaiviji ismail bin abdullah september 2006 july 2011 sarim sheikh april 2011 july 2012 omar y sheikh june 2012 present on june 17 2012 omar y sheikh became the new country chair managing director for shell pakistan limited . omar has worked for shell since 1995 in retail commercial lubricants and downstream strategy portfolio roles . omar also worked at shell internationals ltd. in london with senior downstream leadership on developing business strategy and implementing portfolio transactions . in his current role as md he is also general manager lubricants . board of directors edit omar y sheikh chairman rafi h basheer farrokh k captain chong keng cheen imran r ibrahim nasser n s jaffer zaffar a khan michael noll haroon rashid badaruddin f vellani shell pakistan in 2012 edit shell pakistan limited spl has more than 850 retail stations in more than 330 cities having 20 % market share and is the largest foreign investor in pakistan s oil marketing sector . shell has been the leader in the lubricants sector since 2002 currently with more than 40 % share of the organized sector . shell s commercial fuels business including commercial transport is a significant opportunity for growth . its aviation business supplies fuels to six key airports across pakistan . shell has 30 % interest in the pakistan refinery limited prl average production 40 000 bpd located in karachi and a 26 % interest in us 480mn 780 km white oil pipelines . in fy2010 2011 the company earned a profit after tax of rs . 906 million and recorded 11 % growth in net revenue and 3 % increase in gross profits compared to previous year . 5 fast facts edit the company is the largest international marketer of oil products with 850 retail stations and 17 % market share in white oil products supplied by 7 depots across the country aviation is the second largest provider of jet fuels and is present at five airfields . from 2008 to 2010 shell made a significant investment to implement global sap in pakistan to upgrade its systems and processes for increased customer services . government receivables edit one of spl s biggest challenges to doing business in pakistan is government receivables owed to it . these receivables are due on account of price differential claims sales tax and petroleum development levy . currently they stand at an all time high of rs 13 800 million 94.5 million gbp . due to delays in the receipt of these receivables shell suffered approximately rs 1 700 million in additional financing costs in 2011 to run day to day operations . note given below are headings in wikipedia article on royal dutch shell . notes edit http www.shell.com.pk home content pak aboutshell at a glance tpkg http www.shell.com.pk home content pak aboutshell shell businesses pakistan business structure royal dutch shell history http www.prl.com.pk about companyprofile.php http www static.shell.com static pak downloads about shell 2012 shell annual report 2011v2.pdf references edit shell pakistan website shell pakistan annual report 2011 v t e royal dutch shell divisions and subsidiaries current asiatic petroleum company shell australia shell canada shell chemicals shell gas & power ireland shell nigeria shell oil company shell pakistan former mexican eagle petroleum company joint ventures current aera energy albian sands brunei lng motiva enterprises oman lng pearl gtl sakhalin energy former cellana shell mex and bp brands jiffy lube pennzoil quaker state rain x shell v power people m. king hubbert fred meissner gale norton jorma ollila rob routs jeroen van der veer peter voser facilities and places asiatic petroleum building brent spar mars montreal east refinery proposed pittsburgh ethane cracker plant rocky mountain arsenal scotford upgrader shell building shell haven shell mera shell centre shell centre calgary shell development emeryville shell mex house one shell plaza one shell square plaza shell controversies corrib gas controversy movement for the survival of the ogoni people ken saro wiwa wiwa v. royal dutch shell co. other answer man club foundation guides in situ conversion lennard s carrying v asiatic petroleum novelty service station spectacular sign turbo chargers category commons v t e kmi 30 companies of pakistan abbott laboratories pakistan attock cement attock refinery cherat cement d.g. khan cement engro foods fauji fertilizer bin qasim fauji fertilizer company limited glaxosmithkline pakistan hub power company ici pakistan indus motors company karachi electric supply company kohat cement lafarge pakistan lotte chemical pakistan lucky cement maple leaf cement mari petroleum company limited millat tractors national refinery nishat mills oil and gas development company packages ltd. pak suzuki motors pakistan oilfields pakistan petroleum pakistan state oil pakistan telecommunication company ltd shell pakistan as of july 2013 v t e kse 100 companies of pakistan abbott laboratories pakistan adamjee insurance agriauto industries allied bank limited allied rental modaraba arif habib corporation limited askari bank askari general insurance co. ltd. attock cement attock petroleum attock refinery azgard nine bank al falah bank al habib bank of khyber bank of punjab bankislami pakistan bata pakistan cherat cement clariant pakistan colgate palmolive pakistan dawood hercules chemicals limited d.g. khan cement efu general efu life engro corporation engro foods fatima fertilizer fauji cement fauji fertilizer bin qasim fauji fertilizer company limited faysal bank feroze 1888 mills ghani glass limited glaxosmithkline pakistan grays of cambridge habib metropolitan bank hbl pakistan hub power company hum network limited ici pakistan igi insurance indus motors company international industries limited international steels limited javedan corporation jdw sugar mills js bank js group js growth fund jubilee general insurance karachi electric supply company kohinoor energy kot addu power company lafarge pakistan lotte chemical pakistan lucky cement mari petroleum company limited mcb bank limited meezan bank millat tractors murree brewery national bank of pakistan national foods limited national refinery nestl pakistan netsol technologies nib bank nishat chunian nishat chunian power nishat mills nishat power oil and gas development company pace pakistan packages ltd. pak suzuki motors pakistan cables pakistan international container terminal pakistan oilfields pakistan petroleum pakistan reinsurance pakistan services pakistan state oil pakistan telecommunication company ltd pakistan tobacco company picic growth fund rafhan maize security papers limited shell pakistan shifa international hospital siemens pakistan soneri bank standard chartered pakistan sui northern gas pipelines limited sui southern gas company thal limited tpl trakker trg pakistan tri pack films unilever pakistan united