The largest fully integrated energy company in Pakistan focused on refining, transportation, storage and marketing.
Headquartered in Karachi, Pakistan, Pak-Arab Refinery Ltd (PARCO) is a fully integrated energy company and the strategic fuel supplier to Pakistan with a broad portfolio of operational ventures.
With more than 1500 employees, PARCO is the second largest refinery in Pakistan. The shareholder stake within the company is combined of Mubadala with 30%, OMV with 10% and Government of Pakistan with a 60% stake. The company’s major business activities are in refining, transportation, storage and marketing of fuels in JV with TOTAL of France, marketing and distribution of LPG.
PARCO owns the Mid-Country Refinery (MCR) which was commissioned in the year 2000 and has a refining capacity of 100,000 BPD, combined storage capacity of more than one million metric tons, a marketing joint venture with TOTAL (France) and a technical support venture with OMV (Austria). PARCO along with its subsidiary PAPCO, has a pipeline network that extends over 2,000km from Karachi to Machike. This includes major pipelines such as Karachi-Mahmoodkot, Mahmoodkot– Faisalabad- Machike (MFM) and the White Oil Pipeline (WOP).
In addition, the company is heavily involved in the marketing and supply of oil products, under the Pearl brand, and Bitumen to industrial customers.
With the continued support of the Emirate of Abu Dhabi, PARCO has been able to realize a number of energy projects that have contributed significantly to enhancing Pakistan’s economic growth, saving foreign exchange, transferring technology and providing employment.
Other Refining & Petrochemicals Assets
test asset page
Borealis is one of the world’s largest producers and providers of innovative solutions in the fields of polyolefins, base chemicals and fertilizers.Read more about Borealis
A groundbreaking company at the forefront of the next generation of plastics innovation.Read more about Borouge
Cosmo Energy Holding
Cosmo Energy Holdings is one of the largest, fully integrated oil refining and marketing companies in Japan with operations in the upstream, midstream and downstream sectors.Read more about Cosmo Energy Holding
Dolphin Energy is a joint venture between Mubadala, Total and Occidental Petroleum and is headquartered in the Middle East. This multinational gas development and transportation initiative is among the largest energy investments ever undertaken in the Middle East.
Dolphin Energy Limited delivers 2 billion standard cubic feet of natural gas every single day (scf/day) and has produced 8.5 trillion standard cubic feet since operations began in 2007 (as of July 2019)Read more about Dolphin Energy
Nova Chemicals Corporation (Nova Chemicals)
A leading innovative petrochemical company enabling customers to deliver high-quality plastic for a healthier life.Read more about Nova Chemicals Corporation (Nova Chemicals)