KARACHI: Cnergyico Pk Limited successfully held its 31st Annual General Meeting (AGM) on October 23, 2025, in Karachi, presenting a comprehensive review of its financial and operational performance for FY-2025.
The meeting was chaired by Vice Chairman and Director Mr. Usama Qureshi, alongside the Board of Directors and senior management, including CEO and Director Mr. Amir Abbassciy, Director Mr. Aumar Abbassciy, Independent Directors Mr. Sami ul Haq Khilji and Mr. Mushtaq Malik, CFO and VP Finance Mr. Zafar Shahab, and other key executives.
Marking its 30th Anniversary, Cnergyico reflected on its transformation from a modest refinery processing 20,000 barrels per day to one of Pakistan’s largest vertically integrated energy enterprises with a refining capacity of 156,000 barrels per day. The company also operates the country’s first and only Single Point Mooring (SPM) facility, recognized as a strategic national asset, along with Pakistan’s largest crude oil storage tanks and a retail network exceeding 470 Byco fuel stations.
The AGM featured an engaging dialogue with shareholders and stakeholders, highlighting Cnergyico’s continued focus on operational excellence, sustainability, and national progress. The company expressed gratitude to its employees, shareholders, partners, financial institutions, and the Government of Pakistan for their trust and support.
Reaffirming its vision, Cnergyico pledged to strengthen Pakistan’s energy independence, reduce reliance on imports, and promote environmental stewardship while empowering local communities.