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Puma Energy Pakistan, formerly known as Admore Gas, is a Pakistani
oil marketing company The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transportation (often by oil tankers and pipelines), and marketing of petroleum products. The largest ...
which is a subsidiary of Singaporean company Puma Energy and is based in
Karachi Karachi (; ur, ; ; ) is the most populous city in Pakistan and 12th most populous city in the world, with a population of over 20 million. It is situated at the southern tip of the country along the Arabian Sea coast. It is the former cap ...
, Pakistan. It was founded in 2001. The company operates more than 470 retail shops in the country. In 2014, it was acquired by the Pakistani conglomerate company Chisti Group. In 2017, Puma Energy acquired majority stake in the company. As a result, company became a joint-venture between Puma Energy and Chisti Group.


Acquisition

Cnergyico Pk Ltd is in the process of acquiring 57.37 per cent shares of Puma Energy Pakistan. Once the transaction is completed then Cnergyico Pk Ltd would become country's second-largest fuel retailer.


See also

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Attock Petroleum Limited Attock Petroleum Limited (APL) () is Pakistani oil marketing company which is a subsidiary of the UK-domiciled company Attock Oil Company. It is based in Rawalpindi, Pakistan. History It started its operations in 1998 and is third largest oil ...
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Pakistan State Oil Pakistan State Oil (); reporting name: PSO) is a Karachi-based Pakistani state-owned petroleum corporation involved in marketing and distribution of petroleum products. It has a network of 3,689 petroleum filling stations, out of which 3500 out ...
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Shell Pakistan Shell Pakistan Limited () is a Pakistani oil and gas company which is a subsidiary of the Shell plc and has been in South Asia for over 100 years. Shell's flagship business in Pakistan is the downstream retail marketing company, Shell Pakistan ...


References

Pakistani subsidiaries of foreign companies Oil and gas companies of Pakistan Mergers and acquisitions of Pakistani companies 2014 mergers and acquisitions Joint ventures Pakistani companies established in 2001 Energy companies established in 2001 Automotive fuel retailers {{Pakistan-company-stub