Pakistan State Oil

oil and gas

karachi, sindh, pakistan

Pakistan State Oil (PSO) is one of the important strategic assets of the Pakistani economy. As the country’s largest Company in terms of turnover, PSO leads the oil marketing sector, both in Black oil and White oil. It serves around 3 million customers every day across the entire economic value chain with over 3500 retail outlets and controls 74% of the country’s oil storage capacity. It is involved in import, storage, distribution and marketing of a range petroleum products including gasoline , diesel, fuel oil, jet fuel, LPG, CNG and petrochemicals.

PARCO - Pak-Arab Refinery Limited

oil and gas

karachi, sindh, pakistan

PARCO - PAK-ARAB REFINERY LTD. is a Joint Venture between the Government of Pakistan (60%) and the Emirate of Abu Dhabi (40%), through its Mubadala Investment Company. PARCO’s major business activities are: Refining Transportation Marketing PARCO has the most modern refinery in Pakistan having a capacity of 100,000 BPD (representing about 25% of the country`s refining capacity), over 2000 kms of cross country pipeline network (including its JV subsidiary Pak-Arab Pipeline Company Limited (PAPCO) with a strategic storage of over one million tons, and a rapidly expanding retail network of TOTAL PARCO (TPPL) – a joint venture with TOTAL of France. With the acquisition of Chevron’s fuel business in Pakistan, TPPL is now the second largest Oil Marketing Company in the country. PARCO is also marketing nationwide LPG under the brand of Pearl Gas and fuel oil under the brand of Pearl fuels. High quality asphalt is also being marketed as Biturox. With continued support of the Emirate of Abu Dhabi and Government of Pakistan, PARCO over the years has been able to implement a number of energy projects that have contributed significantly in enhancing the country’s economic growth, saving foreign exchange, transferring technology and providing employment. PARCO`s performance is reflected not only in its technical and financial results, but can also be judged by its other achievements and awards e.g. Company has maintained its AAA and A1+ long and short term credit rating by Pakistan Credit Rating Agency (PACRA) for the twentieth year running. The company is amongst the first in Pakistan with three simultaneous international certifications: ISO 9001:2015 (Quality Management System), ISO 14001:2015 (Environmental Management System) and ISO 45001:2018 (Health & Safety Management System). PARCO has also received Environment Excellence Awards for the last several years and is rated among the top 10 organizations in Pakistan for outstanding achievement in Environment Management.

Pakistan Petroleum Limited

oil and gas

karachi, sindh, pakistan

The pioneer of the natural gas industry in the country, Pakistan Petroleum Limited (PPL) has been a frontline player in the energy sector since the mid-1950s. As a major supplier of natural gas, PPL today contributes over 20 percent of the country’s total natural gas supplies besides producing crude oil, NGL and LPG. PPL operates 12 producing fields across the country at Sui (Pakistan’s largest gas field), Adhi, Kandhkot, Chachar, Mazarani, Adam, Adam West, Shadadpur, Shahdadpur West, Shahdadpur East, Zafir and Fazal and holds working interest in 18 partner-operated fields. As a major stakeholder in securing a safe energy future for the country, PPL pursues an aggressive exploration agenda aimed at enhancing hydrocarbon recovery and replenish reserves. PPL together with its subsidiaries has a portfolio of 47 exploration assets of which the company operates 28, including one contract in Iraq, while 19 blocks, comprising three offshore leases in Pakistan and two onshore concessions in Yemen, are operated by joint venture partners. Over the years, PPL has developed a reliable foundation for providing clean and safe energy through sustainable exploitation of indigenous natural resources while adhering to best practices of corporate governance and employee health and safety and constraining the ecological footprint of its operations. As a result, 16 fields and facilities are certified for ISO 9001 QMS and 13 for ISO 14001 EMS and OHSAS 18001. PPL has played a significant role as a responsible corporate citizen since the inception of its commercial activities in Sui by establishing Sui Model School in 1957 for children of workers and local communities. In 2001, PPL Welfare Trust was founded to provide geographical and thematic diversity to the company’s CSR programme, which focuses on education, health, infrastructure development and livelihood generation for uplift of disadvantaged communities living around operating areas and large urban centres of the country.