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What is Pak-Arab Refinery Limited (Parco)?

Pak-Arab Refinery Limited (PARCO) is a joint venture between Government of Pakistan (60%) and the Emirate of Abu Dhabi (40%) through Mubadala Investment Company. PARCO is the largest fully integrated energy company in Pakistan with business activities comprising of crude oil refining, transportation, storage, and marketing of petroleum products.

Which is the most modern refinery in Pakistan?

PARCO has the most modern refinery in Pakistan having a capacity of 120,000 BPD, over 2000 kms of cross-country pipeline network (including its subsidiary Pak-Arab Pipeline Company Limited (PAPCO) with a strategic storage of over one million tons, and a rapidly expanding retail network of TOTAL PARCO (TPPL) ¨C a joint venture with TOTAL of France.

Who is Pak-Arab Refinery Limited?

Pak-Arab Refinery Limited is a member of Oil Companies Advisory Council of Pakistan. In September 2012, Pak-Arab Refinery completed its first acquisition by acquiring 100% shareholding of SHV Energy Pakistan, which prior to the acquisition was Pakistan's largest LPG marketing company and PARCO's strategic partner since 2001.

What is Parco's mid-country refinery?

PARCO¡¯s Mid-Country Refinery, the country¡¯s most complex and sophisticated refinery, is an essential part of Pakistan¡¯s oil and gas industry, transforming crude oil and other resources into energy essentials.