Hi Tech Lubricant Gets NOC to Setup Petrol Pumps in Punjab
Hi-Tech Lubricants Limited is one of the leading company operating in Pakistan for over two decades. Initially starting its operations in the country first in 1997. The company used to import lubricants from South Korea particularly from the company Yu Kong Ltd. The distribution being started from Lahore, later expanding to other major cities. Today, Hi-Tech Lubricants are available readily in most of the cities in Pakistan.
Furthermore, Hi Tech Lubricant will set approximately 26 petrol pumps in the region of Punjab. The company is claiming that they have been permitted by OGRA (Oil and Gas Regulatory Authority). As a result, they are now eligible to apply for NOC.
However, the company Hi Tech Lubricant still have a long way to go before they actually set up the petrol pumps. They certainly have to fulfill the basic requirements. After that only it will be possible to sell the products at the set petrol stations. The petrol pumps will only be effective after setting the proper infrastructure and then getting it properly inspected by the third party. Adding on, it will have to gain approval by OGRA technical standard, confirming HTLs storage.
The company, Hi Tech Lubricant is responsible for importing as well as distributing particularly petroleum products in Pakistan. The company has a large number of products which they offer in the market. Few of its products include diesel oil, gasoline, motorcycle engine oil, gear oil, brake fluids, and coolants. Moreover, they also distribute hydraulic oils, greases, refrigerant oils, industrial oils and lot more. They are particularly known in the market under the label of ZIC brand. A brand which has gained immense popularity and is much trusted by people over a short span of time. The company caters to both, industrial and automotive sector.
It is important to mention here that ZIC under the label Hi Tech Lubricant has earned several awards. Since past 3 years, the company has received an award for Consumer Choice Award. The company is growing at an average of 24% since past 5 years. However, their new project of setting up petrol pumps throughout Punjab certainly does look promising. It might work well provided that the quality of the product is maintained. Along with closely monitored petrol stations, so that it is making sure that customer service is delivered at its best.