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It is the second largest petrol pump network in Pakistan. [7] Total Parco was founded in 2002 as a joint venture between Pak-Arab Refinery (PARCO) and Total S.A. [8] In 2013, Total Parco acquired 438 petrol stations of Chevron Corporation Pakistan. [9] The acquisition was completed in 2015 and Caltex petrol pumps were renamed as Total Parco. [10]
Whereas the State-owned Pakistan State Oil Co. has 3,500 petrol pumps, Total Parco Pakistan Ltd. has 800 petrol pumps and Shell Pakistan Ltd. has 766 petrol pumps. [ 20 ] Cnergyico owns and operates Pakistan's largest oil refining complex in terms of design capacity of 156,000 barrels per day.
Pakistan Refinery Limited (PRL) is a Pakistani oil refinery based in Karachi. [2] Founded in May 1960, it is traded on the Pakistan Stock Exchange . [ 3 ] [ 4 ] [ 5 ]
Pakistan State Oil: Rs. 206.89 billion (US$720 million) Karachi: Petroleum [2] 17: Standard Chartered Pakistan: Rs. 205.19 billion (US$710 million) Karachi: Banking [2] 18: Systems Limited: Rs. 181.10 billion (US$630 million) Lahore: Information technology [2] 19: Pakistan Oilfields Limited: Rs. 179.29 billion (US$620 million) Rawalpindi ...
According to the Economic complexity index, Pakistan is the 67th largest export economy in the world and the 106th most complex economy. [10] During the fiscal year 2015–16, Pakistan's exports stood at US$20.81 billion and imports at US$44.76 billion, resulting in a negative trade balance of US$23.96 billion.
In August 2024, it was announced that TotalEnergies had sold a 50% stake in Total PARCO Pakistan Limited, an oil marketing firm, to Gunvor Group. It was a joint venture between Total Energies and Pak-Arab Refinery Limited in Pakistan, with a retail network of more than 800 service stations. [25]
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.
Harappa Solar Pvt. Ltd: Sahiwal, Punjab: 18 2017 7 Oursun Pakistan Thatta, Sindh 50 2019 8 Gharo Solar Thatta, Sindh 50 2020 9 Atlas Solar (Zhenfa Pakistan New Energy Company Limited) Layyah, Punjab 100 2022 10 Meridian Energy (Pvt.) Ltd Sukkur, Sindh: 50 2024 11 HNDS Energy (Pvt.) Limited Sukkur, Sindh 50 2024 12 Helios Power (Pvt.) Limited