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Mumtaz Hasan Khan chairman and CEO of Hascol Petroleum Limited has over 47 years of experience in the oil industry. He started his working life in Burmah shell Oil Storage and Distribution Company in May 1963 and worked there till January 1976, where his last assignment was International Sales Manager. From February 1976 to July 1980 he served as Managing Director, Pakistan Services Limited, which was the owning company of four Intercontinental Hotels in Pakistan. In August, 1980, he moved to London to start his own oil trading business and established Hascombe Limited, which started trading in crude oil and petroleum products. Hascombe brought crude and products from Middle Eastern sources and sold to major international trading companies like Shell and Elf.
Under his leadership Hascol has been granted an oil marketing licence by the Government of Pakistan in Pakistan, and now Hascol has established a retail network of 200 petrol pumps and CNG stations from Karachi to Peshawar. Mumtaz Hasan Khan is also the Chairman of Hascombe Business Solutions (formerly Gestetner) and Sigma Motors (Sole distributor of Land Rover vehicles in Pakistan). He is also a Trustee of the Foundation of Museum of Modern Art (FOMMA) . During the Iraq Kuwait war in 1991, Hascombe was the major supplier of petroleum products to Pakistan and was able to provide 6 months credit to Government of Pakistan when the country was facing foreign exchange crisis. Mumtaz Hasan Khan was also a member of the Expert Energy Group which prepared the country's first Integrated Plan in 2009.
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MUMTAZ HASAN KHAN: Hascol Petroleum Limited is engaged in the purchase, storage and sale of petroleum products such as Fuel Oil, High Speed Diesel, Gasoline, Jet A-l and Lubricants. The company was incorporated in 2001 under the 1984 Companies Ordinance, primarily to take advantage...