Pakistan Petroleum

Pakistan Petroleum Limited is a multinational, global competitive and one of the largest state-owned megacorporation of Pakistan. It was incorporated on June 5, 1950, when it inherited the assets and liabilities of the Burmah Oil Company Ltd. which initially holds 70% of the share with the rest mostly held by the government of Pakistan (GoP). As of June 2011, GoP held 70.66% of the shares.