Pak-Arab Refinery Ltd (PARCO)

The largest fully integrated energy company in Pakistan focused on refining, transportation, storage and marketing and distribution of LPG.

PARCO owns the Mid-Country Refinery (MCR) which was commissioned in the year 2000 and has a refining capacity of 120,000 BPD, combined storage capacity of more than one million metric tons, a marketing joint venture with Total Energies and a technical support venture with OMV.

Government of Pakistan holds 60% of PARCO’s shares, while Mubadala holds 30% and OMV holds the remaining 10%.

Mubadala Energy manages Mubadala’s interest in PARCO.

With the continued support of the Emirate of Abu Dhabi, PARCO has been able to realize a number of energy projects that have contributed significantly to enhancing Pakistan’s economic growth, saving foreign exchange, transferring technology and providing employment.

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