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Parco’s
cross-country pipeline network includes
a number of pumping and terminal stations.
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The Pak-Arab Refinery Limited (Parco)
is a flagship company in Pakistan’s downstream
industries. A joint venture between the government
of Pakistan and the Emirate of Abu Dhabi established
in 1974, Parco is today a fully integrated energy
company that maintains a competitive advantage
in the refining, transportation, storage and
marketing of petroleum products in Pakistan.
The company’s $886 million Mid-Country
Refinery at Mahmood Kot has a capacity of 100,000
barrels per day of throughput – by far
the highest capacity of any refinery in the
country, and Parco’s 761-mile cross-country
pipeline network, which includes a number of
cross-country pumping and terminal stations,
carries close to six million tons of crude oil
and refined products from Karachi to inland
destinations. One of the company’s greatest
successes has been its 507-mile White Oil Pipeline,
which represented an investment of $480 million
and is designed to carry refined petroleum products
from Karachi to Mahmood Kot with an annual capacity
of 12 million tons. The pipeline has been able
to meet the needs of the central and northern
regions of Pakistan, which account for nearly
60% of the country’s total population of
150 million people.
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The 507-mile White Oil
Pipeline represented an investment of
$480 million and meets the energy needs
of 60% of the country’s population
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Finally, since its refinery operations came
on stream in late 2000, Parco has begun marketing
its own fuel products, such as lubricants, as
well as liquefied petroleum gas (sold under
the brand Pearl). The company also has a rapidly
expanding network of Total Parco petrol and
compressed natural gas stations throughout the
country, which the two companies hope will reach
a total of 500 stations within the next fifteen
years. Deputy Managing Director of Operations
Muhammad Rasheed Jung states: “Parco as
an energy company is the key building block
in Pakistan’s strategic oil supply and
its logistics. With the synergy of a comprehensive
and expanding oil pipeline network, integrated
with a significant and modern refining capability
and countrywide storage facilities, Parco has
emerged as the strategic fuel supplier to the
country.”
