Pakistan’s energy sector is a critical component of the country’s economy. With a population of over 220 million people, Pakistan has a growing demand for energy, which is fulfilled by a variety of sources, including oil.
Oil refinery companies in Pakistan are a significant contributor to the country’s GDP, with oil refineries playing a crucial role in meeting the demand for petroleum products.
Pakistan has several oil refineries located across the country, producing various petroleum products and other related products. These refineries operate as a vital component of the country’s energy sector, contributing to the country’s economic growth and development.
In this article, we will explore the top 10 Best oil refinery companies in Pakistan.
We will delve into their services, history, and contributions to the economy.
Our analysis will be based on several factors, including their refining capacity, product quality, and contribution to the country’s energy sector.
It’s important to note that Petroleum Industries in Pakistan operate in a highly competitive market, with several challenges such as price fluctuations, market demand, and supply chain management.
Despite these challenges, these companies continue to deliver high-quality products and services, contributing to the country’s economic growth.
In the following sections, we will provide an in-depth analysis of each of the top 10 best oil refinery companies in Pakistan companies in Pakistan.
Top 10 Best Oil Refineries Companies In Pakistan
1. Shell Pakistan Limited (SPL)
Shell Pakistan Limited (SPL) is a leading oil and gas company in Pakistan, operating in the country since 1993.
The company has a strong presence in the downstream sector of the energy industry, and its business activities include marketing, distribution, and supply of petroleum products and lubricants.
SPL operates through a network of more than 782 retail outlets in the country, serving millions of customers every day.
The company also supplies fuel and lubricants to various industries, including power, aviation, and marine.
The company’s flagship product, Shell V-Power, is a premium-grade fuel that offers superior performance and engine protection.
SPL also offers a range of other fuel products, including Shell Super, Shell Regular, and Shell Diesel, as well as lubricants for various industries.
SPL is committed to sustainability and has implemented several initiatives to reduce its environmental impact. The company is also active in social development programs, particularly in the areas of health, education, and road safety.
In terms of financial performance, SPL reported a net profit of $7. 1 Billion in 2020, which represents a 30 % increase from the previous year.
SPL is headquartered in Karachi, Pakistan, and has a strong presence in major cities across the country. The company can be contacted via email at generalpublicenquiries-pk@shell.com.
In summary, Shell Pakistan Limited is a major player in the Pakistani oil and gas industry, with a focus on marketing, distribution, and supply of petroleum products and lubricants.
The company’s commitment to sustainability and social development, along with its strong financial performance, makes it a key contributor to the country’s economy.
2: Pakistan State Oil Company Limited (PSO)
Pakistan State Oil Company Limited (PSO) is a state-owned oil marketing company and is the largest player in Pakistan’s downstream oil sector. The company was established in 1976 and is headquartered in Karachi, Sindh.
PSO operates an extensive network of oil and liquefied petroleum gas (LPG) storage and dispensing facilities throughout the country. The company also has international operations and is involved in the import and export of various petroleum products.
PSO has a refining capacity of around 13.5 million tons per year and produces a range of products including diesel, petrol, jet fuel, and asphalt. The company also operates the largest network of retail fuel outlets in the country.
In terms of contribution to the national economy, PSO is a major player, contributing significantly to the country’s GDP.
In the financial year 2021-2022, the company’s net sales revenue was approximately PKR 86,223 Million.
PSO is committed to maintaining high standards of corporate social responsibility and has undertaken several initiatives in this regard. The company supports various educational and health initiatives and has established a foundation to promote education in the country.
In conclusion, Pakistan State Oil Company Limited is a key player in the country’s energy sector, with a significant contribution to the economy. The company’s commitment to social responsibility and high standards of business operations make it a leading player in the industry.
3. Total Parco Pakistan (TPP)
Total Parco Pakistan is a joint venture between TOTAL, a French multinational integrated oil and gas company, and PAK-ARAB Refinery Limited (PARCO). The company was established in 1998 and is headquartered in Karachi, Pakistan.
Total Parco has a refining capacity of 108,000 barrels per day, making it one of the largest oil refineries in the country.
The company produces various high-quality petroleum products, including motor gasoline, diesel, jet fuel, kerosene, liquefied petroleum gas (LPG), and furnace oil. They also offer a range of other products, such as industrial lubricants, greases, and marine lubricants.
In addition to refining, Total Parco has a network of more than 400 retail outlets across Pakistan, providing fuel and lubricants to a wide range of customers, including individuals, businesses, and industries.
The company also has a strong focus on safety and environmental sustainability, striving to reduce its impact on the environment through innovative solutions and best practices.
Total Parco Pakistan has made significant contributions to the economy of Pakistan, including job creation, revenue generation, and the development of local industries.
The company is also committed to investing in community development initiatives and supporting social causes through its Corporate Social Responsibility (CSR) programs.
As of 2020, TOTAL PARCO’s annual production was approximately 3.9 million tons of petroleum products, contributing significantly to the country’s GDP. The company’s email address is info@totalparco.com.pk.
Overall, Total Parco Pakistan is one of the leading oil refineries in Pakistan, known for its commitment to quality, safety, and sustainability. The company has played a vital role in the country’s energy sector and is poised to continue making significant contributions in the years to come.
4: Attock Refinery Limited (ARL)
Attock Refinery Limited (ARL) is one of the top oil refinery companies in Pakistan, established in 1922 and located in Rawalpindi, Punjab. ARL has a refining capacity of 11.5 million tons of crude oil per year, making it one of the largest refineries in Pakistan.
The company is a subsidiary of Attock Oil Company Limited, which is a subsidiary of The Attock Group.
ARL produces various petroleum products, including diesel, petrol, kerosene, and aviation turbine fuel.
The company’s annual production capacity is approximately 8.4 million barrels of high-speed diesel, 4.4 million barrels of petrol, and 0.7 million barrels of jet fuel.
ARL has a strong market presence in the northern region of Pakistan, supplying its products to various sectors such as agriculture, transportation, and industry.
In terms of contribution to the country’s economy, ARL has played a significant role in Pakistan’s energy sector.
The company’s refining capacity accounts for approximately 17% of the country’s total refining capacity, with a turnover of over $1.6 billion.
In 2022, ARL gained net profit PKR 18678.25 Million.
ARL has also been actively involved in community development initiatives, with a focus on education, health, and infrastructure development.
The company has established several schools and hospitals in the surrounding areas of its refinery, providing access to education and healthcare for the local communities.
In terms of location, ARL is situated near the capital city of Islamabad and can be contacted via email at info@arl.com.pk.
5: National Refinery Limited (NRL)
National Refinery Limited (NRL) is one of the largest oil refinery companies in Pakistan, established in 1963 and located in Karachi, Sindh. NRL has a refining capacity of 17.0 million tons of crude oil per year, making it one of the largest refineries in the country.
The company is a subsidiary of Pakistan State Oil Company Limited.
NRL produces various petroleum products, including motor gasoline, high-speed diesel, kerosene, jet fuel, and furnace oil.
The company’s annual production capacity is approximately 5.5 million barrels of motor gasoline, 5.5 million barrels of high-speed diesel, and 1.2 million barrels of jet fuel.
NRL supplies its products to various sectors, including power generation, transportation, and industry.
In terms of contribution to the country’s economy, NRL has played a vital role in Pakistan’s energy sector. The company’s refining capacity accounts for approximately 28% of the country’s total refining capacity, with a turnover of over $1.9 billion.
In 2022, NRL gained net profit PKR 9 billion .
NRL has also been actively involved in community development initiatives, with a focus on education, health, and the environment.
The company has established several schools and hospitals in the surrounding areas of its refinery and has also initiated various environmental projects to reduce its carbon footprint.
In terms of location, NRL is situated in Karachi, the commercial hub of Pakistan, and can be contacted via email at info@nrlpak.com.
The company has been awarded several certifications, including ISO 9001:2015, ISO 14001:2015, and OHSAS 18001:2007, reflecting its commitment to quality, safety, and the environment.
NRL’s strong market presence and commitment to corporate social responsibility make it one of the best oil refinery companies in Pakistan.
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6: Pakistan Refinery Limited (PRL)
Pakistan Refinery Limited (PRL) is a leading oil refinery among oil refinery companies in Pakistan, established in 1960 and located in Karachi, Sindh. PRL has a refining capacity of 2.1 million tons of crude oil per year, making it one of the smaller refineries in the country.
The company produces various petroleum products, including motor gasoline, high-speed diesel, kerosene, and jet fuel.
PRL’s annual production capacity is approximately 1.2 million barrels of motor gasoline, 2.2 million barrels of high-speed diesel, and 1.1 million barrels of jet fuel. The company supplies its products to various sectors, including power generation, transportation, and industry.
In terms of contribution to the country’s economy, PRL has played a significant role in Pakistan’s energy sector.
The company’s refining capacity accounts for approximately 8% of the country’s total refining capacity, with a turnover of over $500 million. In 2020, PRL contributed approximately PKR 10 billion to the country’s GDP.
PRL has been actively involved in community development initiatives, with a focus on education, health, and the environment.
The company has established several schools and hospitals in the surrounding areas of its refinery and has also initiated various environmental projects to reduce its carbon footprint.
PRL is located in Karachi, the commercial hub of Pakistan, and can be contacted via email at info@pakref.com.pk.
The company has been awarded several certifications, including ISO 9001:2015, ISO 14001:2015, and OHSAS 18001:2007, reflecting its commitment to quality, safety, and the environment.
PRL’s strong market presence and commitment to corporate social responsibility make it one of the best oil refinery companies in Pakistan.
7: Pak-Arab Refinery Limited (PARL)
Pak-Arab Refinery Limited (PARCO) is one of the largest oil refinery companies in Pakistan, established in 1974 as a joint venture between the governments of Pakistan and Abu Dhabi.
The company is located in Mahmood Kot, Muzaffargarh, Punjab, and has a refining capacity of 100,000 barrels per day, making it one of the largest refineries in the country.
PARCO produces various petroleum products, including motor gasoline, diesel, kerosene, and jet fuel.
The company has a diversified product mix, with a focus on high-quality fuel products that meet international standards. The company’s products are sold both domestically and internationally, with a strong presence in the Middle East and Asia.
In terms of contribution to the economy, PARCO is a major player in the country’s energy sector, with a turnover of over $6 billion. The company’s refining capacity accounts for approximately 30% of the country’s total refining capacity, with a significant contribution to the country’s GDP.
In 2020, PARCO gained a net profit of PKR 113 billion.
PARCO has a strong commitment to corporate social responsibility and has undertaken several community development initiatives, including education, healthcare, and environmental sustainability.
The company has established several schools and hospitals in the surrounding areas of its refinery and has implemented several environmental projects to reduce its carbon footprint.
PARCO is located in Mahmood Kot, Muzaffargarh, and can be contacted via email at info@parco.com.pk.
The company has been awarded several certifications, including ISO 9001:2015, ISO 14001:2015, and OHSAS 18001:2007, reflecting its commitment to quality, safety, and the environment.
PARCO’s strong market presence, commitment to quality, and corporate social responsibility make it one of the best oil refinery companies in Pakistan.
8: Cnergyico Pakistan Limited (CPL)
Cnergyico Petroleum Pakistan Limited is one of the leading oil refinery companies in Pakistan, with a refining capacity of 155,000 barrels per day.
The company was established in 1995 and is headquartered in Karachi, Sindh. Cnergyico produces various petroleum products, including petrol, diesel, jet fuel, and liquefied petroleum gas.
Cnergyico’s refining operations include crude oil processing, desulfurization, and hydrogenation.
The company’s state-of-the-art refining facilities are equipped with modern technology and advanced control systems, enabling it to produce high-quality fuel products that meet international standards.
The company’s products are sold both domestically and internationally, with a significant market presence in Asia and the Middle East.
In terms of contribution to the economy, Cnergyico is one of the largest taxpayers in the country’s energy sector, with a turnover of over $3 billion.
The company’s refining capacity accounts for approximately 20% of the country’s total refining capacity, with a significant contribution to the country’s GDP.
In 2022, Cnergyico’s net profit was PKR 1.62 billion.
Cnergyico has a strong commitment to environmental sustainability and has implemented several initiatives to reduce its carbon footprint. The company has also undertaken several community development projects, including education, healthcare, and social welfare.
Cnergyico has established several schools and hospitals in the surrounding areas of its refinery and has provided clean drinking water and sanitation facilities to nearby communities.
Cnergyico Petroleum Pakistan Limited is located in Karachi, Sindh, and can be contacted via email at info@cnergyico.com.pk.
The company has been awarded several certifications, including ISO 9001:2015, ISO 14001:2015, and OHSAS 18001:2007, reflecting its commitment to quality, safety, and the environment.
Cnergyico’s state-of-the-art facilities, commitment to environmental sustainability, and community development initiatives make it one of the best oil refinery companies in Pakistan.
9: Attock Petroleum Limited (APL)
Attock Petroleum Limited (APL) is a subsidiary of the Attock Group of Companies and was incorporated in 1995.
The company is based in Rawalpindi and operates in the downstream oil sector of Pakistan. It is one of the fastest-growing oil marketing companies in Pakistan, with a significant market share in the retail sector.
APL operates a network of over 400 retail outlets across Pakistan and has a refining capacity of 3.5 million tons per year. The company has made significant contributions to the economy of Pakistan through its operations.
According to the company’s annual report for the fiscal year 2022, APL generated a net profit of over PKR 3,637 billion.
APL’s products include diesel, gasoline, jet fuel, and other petroleum products.
The company’s main customers include commercial, industrial, and retail clients. APL also provides various services, including petroleum storage, transportation, and import/export services.
For inquiries and more information, APL can be contacted through their website at https://ap.com.pk/contact-us/.
10: Mari Petroleum Company Limited (MACL)
Mari Petroleum Company Limited (MPCL) is one of the leading oil and gas exploration and production companies in Pakistan. The company was established in and is headquartered in Islamabad. MPCL is a subsidiary of the Fauji Foundation, a charitable trust in Pakistan.
The company has a strong presence in the exploration and production of hydrocarbons and operates some of the largest oil and gas fields in the country. The company has a crude oil refining capacity of 7,500 barrels per day at its Refinery in Mehmood Kot, Punjab.
MPCL has contributed significantly to the economic development of Pakistan. In the fiscal year 2022, the company’s net profit was approximately Rs. 33 billion.
MPCL has been recognized as one of the best-performing companies in Pakistan’s energy sector. The company has received several awards and accolades, including the “Best Corporate Award” by the Institute of Chartered Accountants of Pakistan and the “Best Performing Company” award by the Karachi Stock Exchange.
In addition to its operations in Pakistan, MPCL has also expanded its business activities globally, with investments in the United States and China.
For more information on Mari Petroleum Company Limited, interested parties can visit the company’s official website or contact them at info@mpcl.com.pk.
Conclusion
In conclusion, the oil refinery industry plays a vital role in the economic development of Pakistan. The country has several refineries, each with its own unique services, refining capacities, and contributions to the economy. The oil refinery companies in Pakistan, as listed above, have been able to establish a strong foothold in the industry, thanks to their continued commitment to producing high-quality products and their adherence to strict safety and environmental standards.
These companies have not only been able to create job opportunities for the people of Pakistan but have also made significant contributions to the country’s GDP. Their products are used by several industries, including transportation, power generation, and manufacturing. Moreover, they also contribute to the country’s export earnings through the export of their products to other countries.
It is important to note that the oil industry is not without its challenges, including fluctuating crude oil prices, supply chain disruptions, and environmental concerns. However, the top oil refinery companies in Pakistan have demonstrated their ability to adapt and thrive, even in the face of these challenges.