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Cnergyico owns and operates Pakistan's largest oil refining complex in terms of design capacity of 156,000 barrels per day. Cnergyico alone accounts for 37% of Pakistan's total oil refining capacity of approximately 420,000 barrels per day. The company's oil refining complex is located near the city of Hub in the Balochistan province.
There are five main oil refineries in Pakistan with a combined capacity of approximately 450,000 barrels of crude oil per day (bpd), equivalent to 20 million tonnes per annum. [8] Cnergyico PK Limited is the largest oil refiner, with its oil refining complex in the Balochistan province able to refine up to 156,000 barrels per day of crude oil. [9]
Footnotes / references. Financials as of 30 June 2023. [update] [1] Pak-Arab Refinery Company Limited (PARCO) (Urdu: پاک عرب ریفائنری) is a Pakistani joint venture oil and gas company active in refining, transporting and marketing petroleum products. [2] It is a joint-venture between governments of Pakistan and Abu Dhabi. [3][4][5]
The crude oil that is produced in Pakistan gets refined at home at five oil refineries which are Cnergyico Pk Limited, Pak-Arab Refinery Company Limited , Pakistan Refinery Limited, Attock Refinery Limited, and National Refinery Limited. [7] The combined processing capacity of these five refineries is roughly 420,000 barrels per day.
Mari Petroleum Company Limited (MPCL) (Urdu: مری پیٹرولیم) is a Pakistani petroleum exploration and production company based in Islamabad, Pakistan. The company is controlled by the Fauji Foundation with 40 percent shares. [ 2 ] It is operating the country’s second largest gas reservoir at Mari Field, District Ghotki, Sindh.
The KSE-100 Index is a stock index acting as a benchmark to compare prices on the Pakistan Stock Exchange (PSX) over a period. [1]In determining representative companies to compute the index on, companies with the highest market capitalization are selected.
Cnergyico Pk Limited is the largest oil refiner with a total installed capacity of 156,000 barrels per day. [9] Pakistan's first gas field was the giant gas field at Sui in Balochistan which was discovered in the late 1952. [10] Pakistan is also a major producer of bituminous coal, sub-bituminous coal and lignite.
In September 2021, the share price of Systems Ltd reached Rs. 740.93 and the company's market value became Rs. 102 billion, making Systems Ltd the first Pakistani IT company to cross-market value of PKR 100 billion. [11] In Aug 2022, Systems Limited created a new subsidiary in Johannesburg, South Africa, as part of its ongoing global expansion.