Who owns the oil refinery?
Who owns the oil refinery?
Largest petroleum refineries in the United States
| Rank | Refinery | Owner |
|---|---|---|
| 1 | Port Arthur Refinery | Saudi Aramco |
| 2 | Galveston Bay Refinery | Marathon Petroleum |
| 3 | Baytown Refinery | ExxonMobil |
| 4 | Garyville Refinery | Marathon Petroleum |
Which is the largest refinery of Pakistan?
Byco is the single largest oil refinery in Pakistan. It has an installed capacity to process 155,000 barrel per day of crude oil into a range of refined products like petrol, diesel, jet oil, kerosene and liquefied petroleum gas (LPG).
Who owns world’s largest refinery?
Reliance Industries
Largest global oil refineries by capacity 2021 Located in India, the Reliance Industries-owned Jamnagar Refinery is the largest oil refinery in the world. As of 2021, the Jamnagar Refinery held a capacity of 1.24 million barrels per day, topping refineries, such as the SK Energy Co.
What does Parco mean?
Pak-Arab Refinery Company Limited
Pak-Arab Refinery Company Limited (PARCO) (Urdu: (مشارکتِ پاک عرب پالائش گاہ (المحدود))) is a Pakistani joint venture oil and gas company active in refining, transporting and marketing petroleum products. It is a joint-venture between governments of Pakistan and Abu Dhabi.
Which is the oldest refinery in Pakistan?
Pakistan Refinery Limited (PRL) (پاکستان ریفائنری لمیٹڈ) is a Pakistani oil refinery which is based in Karachi, Pakistan. Founded in May 1960, it is traded on the Pakistan Stock Exchange.
How many refineries are there in Pakistan?
five
There are five main oil refineries in Pakistan. Byco Petroleum and Pak Arab Refinery (Parco) are the largest, which represent more than half of the nation’s throughput capacity and processed volumes.
Is Parco private?
Total Parco Pakistan Limited, stylized as TOTAL PARCO, is a Pakistani oil marketing company which is a subsidiary of French company Total S.A….Total Parco.
| Type | Private |
|---|---|
| Website | www.totalparco.com.pk |
Where is Pak Arab Refinery located?
Mahmoodkot
The Refinery is located at Mahmoodkot, 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.
Do refineries make money?
Refineries make money by way of the crack spread; as noted earlier, it’s the difference between how much they pay to buy raw crude oil and how much they make when selling the finished refined petroleum products. This spread fluctuates with the price of oil and with demand for refined products.
