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.
For more information, please visit: https://www.parco.com.pk/