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Attock Refinery had maintained its aging equipment in good working condition through maintenance practices. [4] Despite this, the anticipated rise in locally sourced crude oil led to the need for substantial expansion of the refinery's facilities. [4] This expansion was also stipulated by an existing agreement with the Government of Pakistan. [4]
Attock Petroleum started its operations in 1998 and is third largest oil marketing company in Pakistan as of 2018. [5] [2] In 2005, Attock was listed on the Karachi Stock Exchange, following an initial public offering at a strike price of PKR 57.75. [6] [7]
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]
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. [11]
Wafi Energy Pakistan Limited, doing business as Shell, is a Pakistani oil marketing company based in Karachi. [ 2 ] [ 3 ] It is a subsidiary of Wafi Energy Holding, a Saudi Arabian oil and gas company. [ 4 ]
PSO is the first public company in Pakistan to pass the PKR 1 trillion revenue mark. Pakistan State Oil has been a member of the World Economic Forum since 2003. [6] Its primary listing is on the Pakistan Stock Exchange. [6] The State-owned Pakistan State Oil Co. has 3,500 petrol pumps. Where as Cnergyico has 982 petrol pumps, Total Parco ...
Russia delivered 100,000 metric tons to Pakistan through Iran's Sarakhs Special Economic Zone, the Russian e Pakistan receives first shipment of Russian LPG, Russian embassy says Skip to main content
The construction of the 347-mile pipeline with a 16-inch diameter and a capacity of 110 million cubic feet of gas per day was carried out by Pakistan Constructors, a joint venture between Morrison–Knudsen and William Press Ltd. [3] The project commenced in July 1954 and was completed by April 1955. [3]