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In response, the Government of Pakistan approached private sector companies operating in the country, including Shell Pakistan and Esso, proposing a joint venture to build a refinery in Karachi. [6] The private companies, seeking to protect their profits from oil imports, agreed to the government's proposal as an alternative to accepting the ...
At its peak during 1986, the field was producing approximately 2,400 barrel of oil per day. It has grown steadily since then, producing both oil and, to a lesser degree, natural gas. [3] Oil production was entirely confined to the Punjab till 1981, when Union Texas Pakistan discovered its first oil-field in Lower Sindh. By 1998-1999, the Lower ...
National Refinery Limited (NRL) is a Pakistani oil refinery which is a subsidiary of UK-domiciled Attock Oil Company. [2] It is based in Korangi Creek, Karachi. [3] [4]It is a petroleum refinery and petrochemical complex engaged in the manufacture and sale of asphalts, BTX, fuel products and lubes for domestic consumption and export.
Pages in category "Oil and gas companies of Pakistan" The following 13 pages are in this category, out of 13 total. This list may not reflect recent changes. A.
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.
The Toot area is one of the oldest oil producing regions in Pakistan with the first oil well drilled in 1964 when President Ayub Khan encouraged a mineral development policy. It is located in the Khaur, Punjab Province, which is located approximately 135 km southwest of the capital city of Islamabad. In 1964 the first well was drilled and ...
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 ]
In 2005, it received oil marketing license from the government. [4] In 2014, Hascol was listed on the Karachi Stock Exchange. [4] In 2017, the company announced that it was investing US$20 million, in collaboration with Fuchs, to set up a new plant in Bin Qasim, Karachi. [5] In the same year, it became second-largest oil marketing company in ...