Pak-Arab Refinery
Encyclopedia
Pak-Arab Refinery is an oil refinery located in Mehmood Kot
in Multan District
, Punjab
, Pakistan
.
PAK ARAB REFINERY LTD (PARCO) is a Joint Venture between Government of Pakistan and the Emirate of Abu Dhabi, incorporated as a public limited company in 1974. 60% of the share holding is by the Government of Pakistan and 40% by the Emirate of Abu Dhabi through its Abu Dhabi Petroleum Investment Company (ADPI), a subsidiary group of International Petroleum Investment Company (IPIC).
PARCO's major business activities are refining, transportation, storage and marketing.
PARCO is an integrated energy company, and is a key player in the country’s strategic oil supply and logistics. With a refining capacity of 100000 oilbbl/d, combined storage capacity of over 1 million tons, a marketing joint venture with TOTAL (France), a technical support venture with OMV (Austria), and a distribution agreement with SHV (Holland); PARCO has emerged as the strategic fuel supplier to the country with a broad portfolio of operational ventures. The organisation encompasses Pakistan’s largest refinery and 2000 km of cross country pipeline network, including its subsidiary PAPCO.
With continued support of the Emirate of Abu Dhabi, PARCO has been able to realize a number of energy projects that have contributed significantly in enhancing the country’s economic growth, saving foreign exchange, transferring technology and providing employment.
The performance of the company can be judged by the fact that it has retained its AAA and A1+ long and short term credit rating by PACRA for twelve consecutive years. The company set another first when it obtained three simultaneous international certifications: ISO 9001:2008 (Quality Management System), ISO 14001:2004 (Environmental Management System) and OHSAS 18001:2007 (Occupational Health and Safety Management System).
In September 2000, Pak-Arab Refinery largest capacity refinery of 100000 oilbbl/d, costing US$ 886 million commissioned well within budget and a month ahead of schedule. The White Oil Pipeline
transports imported oil from Port Qasim
to Pak-Arab Refinery.
Mehmood Kot
Mehmood Kot or Mahmud Kot is a small town in Multan District, Punjab, Pakistan. The coordinates of Mahmud Kot are 30°15'3"N 71°29'12"E....
in Multan District
Multan District
Multan District is a district in the Punjab province of Pakistan. According to the 1998 census of Pakistan it had a population of 3,116,851 of which 41.64% were urban. Its capital is the city of Multan....
, Punjab
Punjab (Pakistan)
Punjab is the most populous province of Pakistan, with approximately 45% of the country's total population. Forming most of the Punjab region, the province is bordered by Kashmir to the north-east, the Indian states of Punjab and Rajasthan to the east, the Pakistani province of Sindh to the...
, Pakistan
Pakistan
Pakistan , officially the Islamic Republic of Pakistan is a sovereign state in South Asia. It has a coastline along the Arabian Sea and the Gulf of Oman in the south and is bordered by Afghanistan and Iran in the west, India in the east and China in the far northeast. In the north, Tajikistan...
.
PAK ARAB REFINERY LTD (PARCO) is a Joint Venture between Government of Pakistan and the Emirate of Abu Dhabi, incorporated as a public limited company in 1974. 60% of the share holding is by the Government of Pakistan and 40% by the Emirate of Abu Dhabi through its Abu Dhabi Petroleum Investment Company (ADPI), a subsidiary group of International Petroleum Investment Company (IPIC).
PARCO's major business activities are refining, transportation, storage and marketing.
PARCO is an integrated energy company, and is a key player in the country’s strategic oil supply and logistics. With a refining capacity of 100000 oilbbl/d, combined storage capacity of over 1 million tons, a marketing joint venture with TOTAL (France), a technical support venture with OMV (Austria), and a distribution agreement with SHV (Holland); PARCO has emerged as the strategic fuel supplier to the country with a broad portfolio of operational ventures. The organisation encompasses Pakistan’s largest refinery and 2000 km of cross country pipeline network, including its subsidiary PAPCO.
With continued support of the Emirate of Abu Dhabi, PARCO has been able to realize a number of energy projects that have contributed significantly in enhancing the country’s economic growth, saving foreign exchange, transferring technology and providing employment.
The performance of the company can be judged by the fact that it has retained its AAA and A1+ long and short term credit rating by PACRA for twelve consecutive years. The company set another first when it obtained three simultaneous international certifications: ISO 9001:2008 (Quality Management System), ISO 14001:2004 (Environmental Management System) and OHSAS 18001:2007 (Occupational Health and Safety Management System).
In September 2000, Pak-Arab Refinery largest capacity refinery of 100000 oilbbl/d, costing US$ 886 million commissioned well within budget and a month ahead of schedule. The White Oil Pipeline
White Oil Pipeline
White Oil Pipeline is an oil pipeline from Port Qasim to the Pak-Arab Refinery at Mehmood Kot, Multan District, Punjab, Pakistan..In September 2000, Pak-Arab Refinery largest capacity refinery of , costing US$ 886 million commissioned well within budget and a month ahead of schedule...
transports imported oil from Port Qasim
Port Qasim
The Port Muhammad Bin Qasim , also known as Port Qasim, is a seaport in Karachi, Pakistan, on the coastline of the Arabian Sea. It is Pakistan's second busiest port, handling about 35% of the nation's cargo...
to Pak-Arab Refinery.
See also
- List of oil refineries
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- White Oil PipelineWhite Oil PipelineWhite Oil Pipeline is an oil pipeline from Port Qasim to the Pak-Arab Refinery at Mehmood Kot, Multan District, Punjab, Pakistan..In September 2000, Pak-Arab Refinery largest capacity refinery of , costing US$ 886 million commissioned well within budget and a month ahead of schedule...
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