PARCO
PARCO is a fully integrated energy company and considered to be the leading player in the industry. It is one of the largest companies of the Pakistani corporate sector with an asset base approaching Rs. 100 billion. As a joint venture between the Governments of Pakistan and Abu Dhabi, it is seen as a role model of Pak-Arab business co-operation and an 'enlightened investment decision'. PARCO is poised to further consolidate its growth and strategic supplier role for the country. That's why PARCO MEANS corporate ENERGY.
White Oil Pipeline
The White Oil Pipeline is also a major strategic significance to the country. The half-a-billion dollar, 817 kilometer, 26 inch diameter dedicated refined product pipeline will make the transport of up to 12 million tons refined petroleum products to up-country destinations even more efficient, cost effective and environmentally friendly. The Pak-Arab Pipeline Company, with a 51% equity holding by PARCO, is expected to commission this project in October 2004. The remaining 49% equity is shared by Shell (26%), PSO (12%) and Caltex (11%). PARCO will contribute its unique first hand pipeline operations and management experience to help make the venture a success. PARCO also MEANS refined ENERGY.
Refinery and Infrastructure
The Refinery is located at Mahmood Kot, which is in the Muzaffargarh District of Pakistan. The city of Multan, only 65 km, from the Refinery is well connected with a national communications network of rail, road and air. The nearest rail link is through Mahmood Kot which is about five kilometers from the Refinery.
Within a 30 km radius of the refinery, there are two thermal power complexes at Kot Addu and Muzaffargarh having a capacity of 1,500 and 1,300 MW respectively, while a 762 MW AES Fuel oil based thermal power complex at Lalpir is only 5 kilometers from the Refinery. The River Indus is around 10-15 kilometer on the South West side of the Refinery, while the River Chenab is 35 kilometers on the North East side of the Refinery.
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