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This profile was last updated on 8/31/14  and contains information from public web pages and contributions from the ZoomInfo community.

Mr. Farooq Rahmatullah

Wrong Farooq Rahmatullah?

Board Member

Company Description: Hascol has developed storage facilities at Machike and Shikarpur . Land has also been acquired at Mehmoodkot and Daulatpur and storage facilities will be completed...   more
Background

Employment History

Board Memberships and Affiliations

Education

  • law degree
    Peshawar University
68 Total References
Web References
About Us - HASCOL PETROLEUM LIMITED
www.hascol.com, 31 Aug 2014 [cached]
Mr. Farooq Rahmatullah
Faysal Bank
www.faysalbank.com, 7 Dec 2012 [cached]
Mr. Farooq Rahmatullah has been a Director General of Pakistan Civil Aviation Authority since August 22, 2006. Mr. Rahmatullah served as Chief Executive Officer of Shell Pakistan Ltd. until April 30, 2006, Managing Director since 2001 and also served as its Chairman.
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Mr. Rahmatullah started his career by joining Burmah Shell Oil Storage and Distribution Company in 1968 and worked in different capacities i.e. Chemicals, Human Resources, Marketing, Supply, Distribution, Retail, etc. transferred to Shell International London.
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Since 1994, Mr. Rahmatullah served as a Manager in the Business Strategy Division of Shell Oil and Distribution Company and was involved in various portfolios covering over 140 countries. He served as Head of Operations of Shell Pakistan and was looking after Middle East and South Asia (MESA). Since 2001, Mr. Rahmatullah has been Chairman of Shell Companies in Pakistan.
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Mr. Rahmatullah is the Founding Member of Pakistan Human Development Fund. He serves as a Member of Pakistan Stone Development Company. He serves as a Member of Board of Trustees of Legends Trust. He served as a Director of Shell Pakistan Ltd. until June 30, 2006 and Pakistan International Airlines Corporation since October 2006. He is a Director of Society for Sustainable Development and a Member of National Commission of Government Reforms. He is a Member of Resource Development Committee of Aga Khan University Hospital. Mr. Rahmatullah is a Law graduate of University of Peshawar.
Director - HASCOL PETROLEUM LIMITED
www.hascol.com [cached]
Mr. Farooq Rahmatullah Director - HASCOL PETROLEUM LIMITED
...
Mr. Farooq Rahmatullah
Mr. Rahmatullah is a law graduate from University of Peshawar. He joined Burmah Shell Oil and Distribution Company in 1968 and worked in different capacities i.e. chemicals, human resources, marketing, supply, distribution, retail, etc. Transferred to Shell International London in 1994, he was appointed as a Manager in the Business Strategy Division and was involved in various portfolios covering over 140 countries. On his return in 1998, he was appointed as Head of Operations of Shell Pakistan and was looking after Middle East and South Asia (MESA). In 2001 he was appointed as Chairman of Shell Companies in Pakistan and Managing Director of Shell Pakistan Limited. He has been a founding member of PAPCO (Pak Arab Pipeline Company Limited). He retired from Shell on June 30, 2006. He has also served as Director General of Civil Aviation Authority of Pakistan, Chairman of Oil and Gas Development Company Limited and Chairman of LEADS Pakistan. He has been Chairman of Pakistan Refinery Limited (PRL) since June, 2005. In addition to this, he is currently serving on the Board of Directors of Faysal Bank Ltd, founding member of Pakistan Human Development Fund, director on the Board of Society for Sustainable Development, member of Resource Development Committee of Aga Khan University Hospital, member of National Commission of Government Reforms and member of Pakistan Stone Development Company.
Pakistan News PakTribune.Com
www.paktribune.com, 8 April 2005 [cached]
Governor Punjab and Shell country chief executive Farooq Rehmat Ullah also spoke on the occasion.
Farooq Rahmatullah elaborates ...
www.bluechipmag.com, 21 Mar 2008 [cached]
Farooq Rahmatullah elaborates on the continued escalation of oil prices: "the oil market has been very volatile for nearly a year or more and that volatility has increased because of the supply and demand balance being narrowed.
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But despite the uncertainty and panic prevailing in the international sphere, Rahmatullah remains positive about Pakistan's long term opportunities: "Looking at it with a long term view, the market is upbeat in that the economy is doing well as indicated by GDP growth which has been around 6%.The two months of July and August also indicated positive upturns in the economy.Petroleum consumption is increasing."
Moreover, Rahmatullah observes that the Pakistan market remains largely untapped and therefore presents significant potential for growth and investment: "One has to look at this from the perspective of what the potential is and when you look at that, you still have just about 4% of the population using vehicles out of a population of 150 million.
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However, in order to make the potential for investment more attractive, Rahmatullah identifies the areas that need urgent attention.Firstly, he stresses the need for improved law and order within the country.Secondly, he also feels that Pakistan's infrastructure needs to be developed further, particularly port facilities which at present admit only 60,000 to 70,0000 tankers.He also advises a reduction in the cost of doing business, for example freight costs and tariffs should be revised.Furthermore, he stresses the need for a level playing field in terms of Pakistan State Oil which is yet to be privatised.
While the Middle East remains the mother lode of crude, war and instability underscore the perils of depending upon that region.Consequently, Pakistan has been considering importing oil from India which would result in reduced freight charges, translating into lower prices for the consumer.Furthermore, the availability of oil from a cheaper source would prompt the Middle East to supply oil on better terms.But the suggestion of importing oil from India has met with a mixed response.Rahmatullah highlights the opportunity for increased bilateral trade between the two countries: "We are in deficit of high speed diesel oil, India as a potential source could present a freight advantage.
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An area of concern for Rahmatullah is the high levels of unemployment and the lack of skilled manpower within the country.
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Farooq Rahmatullah is also Chairman of the Overseas Chamber of Commerce and Industry (OCCI).He believes that while Pakistan presents attractive investment opportunities, it suffers from the negative image which is projected abroad: "Pakistan is handicapped because the perception of the country is not positive to the extent that it should be".However, Rahmatullah is determined to rectify the somewhat tainted world perception of Pakistan: "we are proposing to hold an investment conference to hear our own success stories which will indicate to the investor our growth potential".
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