The first round of Pakistan State Oil and Attock Petroleum’s bidding war has came to an end with the trophy in hands of PSO.
PSO and Attock Petroleum, two leading oil companies of Pakistan, are both in bidding war to get Caltex Pakistan operation and for establishing and maintenance contract of Fuel farms at New Benazir Bhutto International Airport (Islamabad).
The fuel farm contract has finally been awarded to Pakistan State Oil. It would be interesting to note that PSO, in past, was accused of supplying low quality products which they strongly denied.
“This contract was awarded to the state-owned energy giant after a transparent, competitive and open bidding process that took place at the Infrastructure Project Development Facility (IPDF) headquarters in Islamabad on 28th March 2012″, the official press release stated.
The entire procedure was carried out under the supervision of Civil Aviation Authority (CAA) representatives and was conducted between the three pre-qualified parties namely Attock Petroleum and Pakistan State Oil. Shell Pakistan was the third contender for this contract.
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