Pak-Arab Refinery Company Limited (PARCO) is one of the leading enterprises in Pakistan’s petroleum industry; its robust commercial ventures accelerate economic growth and ensure energy security of Pakistan.
Established in 1974, Pak-Arab Refinery Limited (PARCO) is a 60:40 joint venture between the government of Pakistan and the Emirate of Abu Dhabi through Mubadala Investment Company. With the support of its shareholders, PARCO has grown into one of largest energy conglomerates of the country.
Today PARCO is an integral part of the petroleum supply chain of the country.
It operates a 120,000 barrels per day refinery, an extensive 2,000km pipeline network, storage capacity of over 1.5 million tons at various locations and has major investments in marketing operations.
The White Oil Pipeline (WOP), operated by Pak-Arab Pipeline Company (PAPCO), was commissioned in March 2005, comprising of 786 Km of cross-country pipeline, storage tanks, pumping stations and other allied facilities.
The pipeline starts from the south, near Karachi and terminates in the north at Mahmoodkot near Muzaffargarh. With significant increase in petrol demand in upcountry business centers, PARCO has upgraded WOP from single to multi-product pipeline operations, capable of transporting batches of petrol along with diesel, enhancing capacity utilisation of the existing pipeline. WOP has the capability to receive both imported as well as locally refined petroleum products from multiple sources.
PARCO’s growing infrastructure projects along with various investments, is fueling Pakistan's economic growth and saving foreign exchange. The Company has made tremendous strides to secure the energy future of the country.
PARCO is committed to health and safety of employees and stakeholders and has Health, Safety and Environmental Management System in place that outlines a structured mechanism to effectively manage HSE throughout the organisation. It proactively identifies, minimises and mitigates potentially adverse situations for the health and safety of its employees, customers, service providers, communities, environment and public at large.
In addition, PARCO undertakes a wide range of projects in areas of Education, Health, Women Empowerment, Sports, Environment, and response to natural calamities. All CSR efforts of the company are in-line with UN Sustainable Development Goals (SDGs), with projects facilitating infrastructure development programs in respective segments, and contributing continuously towards community welfare.
PARCO continues to lead a paradigm-shift, enabling swift and secure logistics of petroleum products. All initiatives reflect a proactive approach towards sustainability which is at the heart of PARCO’s overall sustainability strategy.
From producing environment-friendly products to efficient, world-class engineering facilities and infrastructure, building a competent team, and impactful social initiatives, PARCO continues its resolve for providing energy with responsibility.
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