Hascol Petroleum Limited is engaged in the purchase, storage and sale of petroleum products such as High Speed Diesel, Gasoline, LPG and Lubricants. The company was incorporated in 2001 under the 1984 companies ordinance, primarily to take advantage of the petroleum sector deregulation and undertake a programme for owning, leasing and renting oil storage facilities as well as importing petroleum products for its own account. In February 2005 Hascol was granted a full marketing license by the Government Of Pakistan and since then, Hascol has been engaged in developing a retail network under HASCOL brand and 600+ outlets, in the four provinces of Pakistan and Azad Kashmir.