Company profile

PARCO - Pak-Arab Refinery Limited

To Transport, Refine and Market Petroleum and related products in Pakistan

Industry
Oil and Gas
Employees
2,764
Headquarters
Karachi, Sindh
Founded
1974
LinkedIn followers
307,255
Office locations
1

PARCO - Pak-Arab Refinery Limited company summary

PARCO - Pak-Arab Refinery Limited is a company in the Oil and Gas industry, headquartered in Karachi, Sindh, founded in 1974. On LinkedIn the company has around 2,764 employees and 307,255 followers.

What technology does PARCO - Pak-Arab Refinery Limited use?

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About PARCO - Pak-Arab Refinery Limited

PARCO - PAK-ARAB REFINERY LTD. is a Joint Venture between the Government of Pakistan (60%) and the Emirate of Abu Dhabi (40%), through its Mubadala Investment Company. PARCO’s major business activities are: Refining Transportation Marketing PARCO has the most modern refinery in Pakistan having a capacity of 100,000 BPD (representing about 25% of the country`s refining capacity), over 2000 kms of cross country pipeline network (including its JV 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) – a joint venture with TOTAL of France. With the acquisition of Chevron’s fuel business in Pakistan, TPPL is now the second largest Oil Marketing Company in the country. PARCO is also marketing nationwide LPG under the brand of Pearl Gas and fuel oil under the brand of Pearl fuels. High quality asphalt is also being marketed as Biturox. With continued support of the Emirate of Abu Dhabi and Government of Pakistan, PARCO over the years has been able to implement a number of energy projects that have contributed significantly in enhancing the country’s economic growth, saving foreign exchange, transferring technology and providing employment. PARCO`s performance is reflected not only in its technical and financial results, but can also be judged by its other achievements and awards e.g. Company has maintained its AAA and A1+ long and short term credit rating by Pakistan Credit Rating Agency (PACRA) for the twentieth year running. The company is amongst the first in Pakistan with three simultaneous international certifications: ISO 9001:2015 (Quality Management System), ISO 14001:2015 (Environmental Management System) and ISO 45001:2018 (Health & Safety Management System). PARCO has also received Environment Excellence Awards for the last several years and is rated among the top 10 organizations in Pakistan for outstanding achievement in Environment Management.

Where is PARCO - Pak-Arab Refinery Limited located?

PARCO - Pak-Arab Refinery Limited lists 1 location.

Karachi, Sindh, PKHQ
Pak-Arab Refinery Limited Corporate Headquarters Korangi Creek Road Karachi-75190

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Frequently asked questions about PARCO - Pak-Arab Refinery Limited

What does PARCO - Pak-Arab Refinery Limited do?

PARCO - PAK-ARAB REFINERY LTD. is a Joint Venture between the Government of Pakistan (60%) and the Emirate of Abu Dhabi (40%), through its Mubadala Investment Company. PARCO’s major business activities are: Refining Transportation Marketing PARCO has the most modern refinery in Pakistan having a capacity of 100,000 BPD (representing about 25% of the country`s refining capacity), over 2000 kms of cross country pipeline network (including its JV 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) – a joint venture with TOTAL of France. With the acquisition of Chevron’s fuel business in Pakistan, TPPL is now the second largest Oil Marketing Company in the country. PARCO is also marketing nationwide LPG under the brand of Pearl Gas and fuel oil under the brand of Pearl fuels. High quality asphalt is also being marketed as Biturox. With continued support of the Emirate of Abu Dhabi and Government of Pakistan, PARCO over the years has been able to implement a number of energy projects that have contributed significantly in enhancing the country’s economic growth, saving foreign exchange, transferring technology and providing employment. PARCO`s performance is reflected not only in its technical and financial results, but can also be judged by its other achievements and awards e.g. Company has maintained its AAA and A1+ long and short term credit rating by Pakistan Credit Rating Agency (PACRA) for the twentieth year running. The company is amongst the first in Pakistan with three simultaneous international certifications: ISO 9001:2015 (Quality Management System), ISO 14001:2015 (Environmental Management System) and ISO 45001:2018 (Health & Safety Management System). PARCO has also received Environment Excellence Awards for the last several years and is rated among the top 10 organizations in Pakistan for outstanding achievement in Environment Management.

How many employees does PARCO - Pak-Arab Refinery Limited have?

PARCO - Pak-Arab Refinery Limited has around 2,764 employees on LinkedIn.

Where is PARCO - Pak-Arab Refinery Limited headquartered?

PARCO - Pak-Arab Refinery Limited is headquartered in Karachi, Sindh.

When was PARCO - Pak-Arab Refinery Limited founded?

PARCO - Pak-Arab Refinery Limited was founded in 1974.

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