Puma Energy Pakistan

From Wikipedia - Reading time: 4 min

Puma Energy
FormerlyAdmore Gas
Company typePrivate
IndustryOil and gas
Founded2001; 23 years ago (2001)
Headquarters
Area served
Pakistan
ProductsPetroleum products
ServicesDistribution and retail
OwnerAamir Chishti
Websitepumapakistan.com

Puma Energy Pakistan, formerly known as Admore Gas, is a Pakistani oil marketing company based in Karachi.[1] It operates more than 470 petrol pumps in the country.[2]

Puma Energy Pakistan is owned by Pakistani senator, Aamir Chishti.[3]

History

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Puma Energy Pakistan was founded as Admore Gas in 2001.[1]

In 2014, Admore Gas was acquired by Chisti Group.[2]

In 2017, Puma Energy acquired majority stake in Admore Gas.[4] As a result, it was renamed as Puma Energy Pakistan.[5]

In 2022, Cnergyico Pk Ltd announced its intention to acquire 57.37 percent stake in Puma Energy Pakistan.[6]

See also

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References

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  1. ^ a b "Stocks". Bloomberg News.
  2. ^ a b "Singapore oil firm acquires 51 percent stake in Admore". www.thenews.com.pk. August 26, 2017.
  3. ^ Mangi, Faseeh (January 12, 2022). "Cnergyico Poised to Become Pakistan's Largest Fuel Retailer". Bloomberg.
  4. ^ Reporter, The Newspaper's Staff (November 3, 2017). "CORPORATE WATCH". DAWN.COM.
  5. ^ "Singaporean energy firm buys local OMC". The Express Tribune. November 3, 2017.
  6. ^ Reporter, The Newspaper's Staff (2022-01-14). "Cnergyico buys majority stake in Puma Energy". DAWN.COM. Retrieved 2022-01-24.



Licensed under CC BY-SA 3.0 | Source: https://en.wikipedia.org/wiki/Puma_Energy_Pakistan
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