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Pak-Arab Refinery Company Limited (PARCO) (Urdu: پاک عرب ریفائنری) is a Pakistani 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 .
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.
Pak-Arab Refinery; Pakistan Oilfields Limited; Pakistan Petroleum; Pakistan Refinery Limited; Pakistan State Oil; S. Sui Northern Gas Pipelines Limited;
The Oil & Gas Journal publishes a worldwide list of refineries annually in a country-by-country tabulation that includes for each refinery: location, crude oil daily processing capacity, and the size of each process unit in the refinery. For some countries, the refinery list is further categorized state-by-state.
White Oil Pipeline is an oil pipeline extending from Port Qasim to the Pak-Arab Refinery Company (PARCO) at Qasba Gujrat, Multan District, Punjab, Pakistan. [1]As of September 2000, Pak-Arab Refinery was the largest capacity refinery of 100,000 barrels per day (16,000 m 3 /d), costing US$ 886 million commissioned well within budget and a month ahead of schedule.
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.
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 ]
Oil & Gas Development Company (OGDC) was established in September 1961 by the Government of Pakistan with the help of Soviet Union under a $30 million oil exploration loan signed in February 1961.