Two laboratories of the Pakistan State Oil Company (PSO) have successfully met international proficiency tests criteria of the Inter-Laboratory Correlation Program (ILCP), a multi-faceted laboratory structure program based in London, UK.
This program evaluates adherence and compliance to international quality requirements and standards in the area of testing of petroleum products. 109 laboratories from all over the world participated in this program. Their samples were tested and compared for reliability and correctness.
Lubricants Manufacturing Terminal (LMT) and Keamari Terminal-A (KTA) laboratories of the PSO participated in the program and qualified against all the rigorous tests conducted by the ILCP.
Speaking about this achievement, the Managing Director and CEO of PSO, Sheikh Imran-ul-Haque, said that these results are indicative of PSO’s commitment to quality. It is further reflected in their customer’s confidence and in the growth of our businesses, he added.
‘PSO is a profitable company’
“The company has recently reported 76.7% more profit-after-tax, amounting to Rs 18.2 billion in FY2017 compared to Rs 10.3 billion in FY2016. Comparing the performance of FY2017 with FY2015, PSO has shown a remarkable growth of 163.8% over the last two years when it earned Rs 6.9 billion in profit-after-tax,” Sheikh Imran-ul-Haque added.
He further said that PSO has ambitiously restructured its supply portfolio to higher specifications with the objective to keep it at par with international quality standards. The Inter Laboratory Correlation Program (ILCP) qualification is indeed a testament to the company’s robust quality assurance system.
PSO’s quality assurance process is a comprehensive end-to-end system built on a network of state of the art laboratories at every junction of the company’s supply chain. All laboratories in this system are ISO 9001 certified and follow national and international standards set by the Pakistan Standard Quality Control Authority (PSQCA), the American Society for Testing & Materials (ASTM) and the Institute of Petroleum (IP) – UK. Moreover, a fleet of 25 ‘mobile quality testing units’ adds further value in the quality assurance system and conducts approximately 15000 inspections with more than 25000 on-the-spot quality and quantity tests of fuels per annum. These measures continue to enable PSO to assure its commitment of providing best quality products to its customers in Pakistan.