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Petroleum also makes up 40 percent of total energy consumption in the United States, but is responsible for only one percent of electricity generation. [53] Petroleum's worth as a portable, dense energy source powering the vast majority of vehicles and as the base of many industrial chemicals makes it one of the world's most important commodities.
Attock Refinery Limited (Urdu pronunciation: [a.ˈʈʌk rɪˈfaɪn.ər.i] ah-TUCK-ri-FINE-uh-ree) is a Pakistani oil refinery headquartered in Rawalpindi. It is a subsidiary of UK-domiciled Attock Oil Company. It is the oldest oil refinery of Pakistan. [2] It is listed on Pakistan Stock Exchange. [3]
Attock Petroleum Limited (Urdu pronunciation: [a.ˈʈʌk pə.ˈtroʊ.li.əm] ah-TUCK-puh-TROH-lee-uhm) is a Pakistani oil marketing company which is a subsidiary of the UK-domiciled company Attock Oil Company. It is based in Rawalpindi, Pakistan. [2] [3] [4]
Saudi Aramco (Arabic: أرامكو السعودية ʾArāmkū as-Suʿūdiyyah), officially the Saudi Arabian Oil Company or simply Aramco (formerly Arabian-American Oil Company), is a majority state-owned petroleum and natural gas company that is the national oil company of Saudi Arabia.
Sui Southern Gas Company's history goes back to Sui Gas Transmission Company (SGTC) which was established in 1954 to purchase natural gas from Pakistan Petroleum Limited, which had discovered natural gas in Sui, Balochistan in 1952. [3] The company was responsible for transporting gas to Karachi and other intermediate markets via pipeline. [3]
Domestic petroleum production totals only about half the country's oil needs, and the need to import oil has contributed to Pakistan's trade deficits and past shortages of foreign exchange. The current government has announced that privatization in the oil and gas sector is a priority, as is the substitution of indigenous gas for imported oil ...
Petroleum Division The Ministry of Energy ( Urdu : وزارت توانائی , Trans. Wazarat-e-Tawanai , abbreviated as: MoE ) is an executive ministry of the federal Government of Pakistan that is charged with implementation of the national energy policy and energy production and electricity transmission throughout the country.
The resulting complex, named Pakistani Oil Refinery, commenced operations in 1964. [6] It was inaugurated by Muhammad Ayub Khan, then President of Pakistan. The design capacity of the refinery was 1 million tons of crude oil per annum but was increased to 2.1 million tons per annum later. [4] [3]