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CEO Message

It gives me great pleasure to welcome you to Punjab Energy Holding Company's website. We are at early stage and I hope that our portal creates an opportunity for our valued visitors around the world to learn more about our operations, financial performance, strategies, services, sustainability initiatives, and values. We, at Punjab Energy Holding Company, are committed to contribute to meet Pakistan growing energy needs. I foresee a very fast track growth of company through exercise of petroleum rights to provincial holding company in form of working interest for investment in E&P Blocks as per petroleum policy 2012 of Pakistan by joining hands with potential investors and key E&P players.

No doubt that globally oil and gas industry demonstrates changing long term dynamics and number of material developments over last few years. With this prevailing scenario working in oil and gas industry is certainly very interesting at this moment. Continuous depletion of existing natural oil & gas reserves and creation of a wide gap in demand and supply due to economic growth and coupling of maximum oil & gas resources in power generation to reduce load shedding hours poses complex and challenging future for the oil and gas industry of Pakistan. Our overall strategy is to invest in projects that generate long-term value, achieve returns well above our cost of capital while maintaining a conservative balance sheet.

We have taken initiatives to adopt the process of engagement of E&P experts, induction of competent professionals of oil & gas industry and collaboration with local and foreign investors. This will stimulate a broad level of business activity in very first financial year of the company which ultimately turns into earliest revenue generation stream of company to serve future years. The foundations have been laid for our next phase of growth. Our proactive role exhibits that we are fully committed for a speedy take off and aspire to move forward by strong ambitions without wastage of time.

I look forward to the future and remain confident that we have the right people and strategy in place to continually build strength throughout our companies operations.

Capt. (Retd) Saqib Zafar
Chief Executive Officer

Vision
To serve the Nation by provision of sufficient hydrocarbon discoveries through strategic alliances, technological advancements and best management practices along with contributing towards social and economic development of our people to boost up their living standards.
Mission
To serve the Nation by provision of sufficient hydrocarbon discoveries through strategic alliances, technological advancements and best management practices along with contributing towards social and economic development of our people to boost up their living standards.
Core Values
Integerity
Innovation
Customer Focus
Teamwork
Performance
Board of Directors

Mr. Tariq Karmani

Chairman
Puanjab Energy Holding Company Limited



Mrs. Irum Bukhari

Director
ACS (Energy), GoPb 

Mr. Sadaqat Ali 

Director
Member Energy, P&D Department, GoPb

Capt. (Retd) Saqib Zafar

Director / CEO
Secretary Energy Department, GoPb

Mr. Muhammad Hassan Iqbal

Director

Mr. Abdullah Khan Sumbal

Director
Secretary Finance Department, GoPb

Mr. Syed Munsif Raza

Director
Former MD - Pakistan Petroleum Limited 

Mr. Khalid Rahman

Director
Former MD Sui Southern Gas Company Ltd

Mr. Farhat Ali

Director
Former MD – Asea Brown Boveri

Mr. Hassan Khawar

Director
International Development & Public Policy Professionnal (Ex-PAS Cadre)

Mrs. Atifa Arif Dar

Director
Assistant Prof. LUMS & SDSB

Mr. Ali Mehdi  

Director
Member BOD - HBFCL

Management Team

Capt. (Retd) Saqib Zafar 

Chief Executive Officer

Mr. Ishtiaq Ahmad

Chief Internal Auditor / Company Secretary

Mr. Tariq Rashid 

Chief Technical Officer
Committees

Board Audit & Finance Committee

1. Mr. Khalid Rahman (Chairman)
2. Mr. Farhat Ali
3. Mrs. Atifa Arif Dar
4. Mr. Abdullah Khan Sumbal

Human Resource & Nomination Committee

1. Mr. Tariq Kirmani (Chairman) 
2. Capt. (Retd) Saqib Zafar
3. Mr. Muhammad Hassan Iqbal
4. Mr. Syed Munsif Raza

Board Technical Committee

1. Mr. Syed Munsif Raza (Chairman)
2. Mr. Farhat Ali
3. Mr. Khalid Rahman
4. Capt. (Retd) Saqib Zafar

Financial Reports
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