HTL acquires land in Sindh for OMC segment expansion
Mettis Global • • 1 min read
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Mettis Global reported that Hi-Tech Lubricants Limited (HTL) has finished acquiring about 8.7 acres at Daulatpur in Shaheed Benazirabad, Sindh. The plot will host an oil storage depot under the company's Oil Marketing Company segment. The announcement was made through a notification sent to the PSX on August 12, 2026.
The company calls the purchase an important strategic milestone for its OMC business. The depot is meant to supply a planned expansion of retail fuel stations across Sindh, though it hinges on approvals from regulators and on development needs. The company also said the site would strengthen its presence in southern Pakistan.
Because of its location, the depot is expected to improve fuel availability and supply continuity for the Sindh network and shorten transport distances. Construction will follow the rules of OGRA and other relevant authorities, according to the company. The depot is also linked to support for new stations and steadier volume growth in the OMC segment.
At a glance
- HTL completed the purchase of about 8.7 acres at Daulatpur, Shaheed Benazirabad.
- The land will host an oil storage depot serving its retail fuel stations in Sindh.
- Development is subject to regulatory approvals and must follow OGRA requirements.
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Originally reported by Mettis Global
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