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PSO introduces higher grade products

By Commerce Reporter

KARACHI: The Pakistan State Oil (PSO) is considering to challenge the Competition Commission of Pakistan (CCP) order in which it was accused of resorting to `deceptive marketing’ a spokesperson of the organization said here yesterday. It was further claimed that PSO has introduced higher grade petroleum products A statement said that PSO has already introduced higher grade petroleum products `Altron Premium’ and `Altron X High Performance’. While referring to the news items `circulating in various sections of national media about CCP imposing penalty on PSO on an alleged complaint of deceptive marketing, PSO clarified that the issue under consideration requires retrospective implementation, as PSO has already discontinued its Premier XL brand and is already in the process of introducing new brand for diesel’. The statement further pointed out that PSO is considering to challenge the CCP’s order, for which its legal team is currently reviewing the matter. It said that PSO has already launched Altron Premium and Altron X High Performance, upgraded RON fuels conforming to the Government’s announcement of improved specifications.

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