Lifeline became one of the pioneers in utilizing locally produced LPG, establishing processing plants at major gas fields in Dhurnal and Meyal.
SHV Energy, a global leader in off-grid energy solutions, acquired Lifeline, bringing international expertise and a broader perspective to Pakistan’s LPG market.
SHV diversified into the B2B segment, making history by signing its first agreement with Kohinoor’s newly established dyeing mill on Manga Road, Lahore.
Recognizing the sector’s growth potential, SHV further expanded by acquiring local LPG company Unigas, which held a 10 MT/day allocation from the Dhodak Gas Field and operated filling plants in Dhodak and Lahore.
To ensure stable supply and availability, SHV enhanced its supply chain by initiating LPG imports for the Pakistani market.
With evolving energy demands, SHV expanded its B2B operations, particularly in the hospitality sector, with successful projects in Swat, Lahore, Dhodak, Peshawar, and Sahiwal. Total sales surpassed the milestone of 90,000 tons per year.
Strengthening its presence in northern regions, SHV established a new LPG plant in Adhi and secured allocations from the PPGL Adhi Field, enhancing production capacity and outreach.
PARCO completed its acquisition of SHV Energy Pakistan, assuming full ownership. The company was rebranded as PARCO Pearl Gas (Private) Limited, marking the beginning of a new chapter.
Reinforcing its commitment to operational excellence, the Lahore Plant underwent a major expansion increasing storage capacity from 240 MT to 2080 MT to enhance efficiency and strengthen the supply chain.
In a landmark move towards digital transformation, 2025 marked the launch of Pearl Gas’s e-commerce platform. My Pearl empowering customers to order LPG cylinders with unmatched ease, convenience, and reliability at their fingertips.
Commissioned on the 4th of September, the 100,000 barrels per day Mid-Country Refinery (MCR) significantly boosted Pakistan’s refining capacity. Built at a cost of US$886 million, it added 4.5 million tons of annual refining capacity, producing key petroleum products like LPG, Jet Fuel, Diesel, HOBC and Furnace Oil. Completed a month ahead of schedule and within budget, MCR showcased PARCO’s commitment to efficiency and innovation. Featuring advanced technology such as the ‘Dieselmax’ unit and sophisticated control systems, the refinery not only boosted operational efficiency but also met stringent environmental standards.
Strategically enhancing national security, MCR reduced reliance on imported fuel products and facilitated efficient petroleum distribution across Pakistan. It also included a modern residential complex, emphasizing PARCO’s focus on employee wellbeing.
MCR stands as a testament to Pakistan’s ability to execute large-scale, technologically advanced projects, propelling the nation towards energy self-reliance.
PARCO strategically broadened its market reach by entering into a joint venture with the globally recognized French oil giant, TOTALFINAELF, (now TotalEnergies). This partnership led to the creation of TOTAL PARCO Pakistan Ltd. (TPPL), with PARCO holding a 40% stake in the venture. This collaboration not only leveraged TOTAL’S vast international experience and technical expertise but also allowed TPPL to market 25% of the high-quality refined products from the Mid-Country Refinery.
The formation of TPPL marked a significant expansion in PARCO’s capabilities, establishing a distribution network and creating its presence in the oil marketing business. This venture exemplified PARCO’s commitment to adopting global best practices and strengthening its product offerings in the Pakistani market.
PARCO led the formation of a joint venture company, Pak-Arab Pipeline Company Limited (PAPCO), holding a 51% equity share alongside Shell Pakistan (26%), Pakistan State Oil (12%), and Caltex Oil Pakistan (11%). The collaboration aimed to commission the strategically vital White Oil Pipeline (WOP) at a cost of US$480 million. Stretching 786 kilometers with a 26-inch diameter, this pipeline was designed to transport refined petroleum products from Karachi to Mahmoodkot.
Initially capable of handling 5 million tons per year, the pipeline is designed for an expanded capacity of up to 12 million tons annually, signifying a major enhancement in Pakistan’s petroleum distribution infrastructure. This collaboration not only underscored PARCO’s leadership in the project’s implementation but also highlighted its commitment to managing the pipeline’s operation, further cementing its role in enhancing the nation’s energy security.
PARCO completed the acquisition of SHV Energy Pakistan (Private) Limited, taking over 100% of its shares after divestment by SHV Calor Asia B.V. (Netherlands). It had established itself as one of the largest LPG marketing and distribution companies in Pakistan with a nationwide network of distributors and customers, as well as expertise in the industrial applications of LPG. By consolidating the nation’s largest LPG supplier with the leading LPG marketing company under unified management, this acquisition created synergies that enhanced services for customers across Pakistan. This strategic move represented a major milestone in PARCO’s expansion and diversification strategy. After acquisition, the company was renamed as PARCO Pearl Gas (Private) Limited (PPGL).
The dualization of PARCO’S MFM and PAPCO’s WOP pipelines was completed in 2021, marking another significant project for both companies. This initiative increased the capacity utilization of existing pipelines, enabling the transportation of both petrol and diesel, whereas previously, these pipelines only transported diesel.
The project included enhancements such as increased pumping capacity, construction of new diesel and petrol storage tanks with a total capacity of 298,000 tons, gantries for product delivery, and a 3,000 barrels per day Transmix Processing Facility.
The dualization of PARCO’S MFM and PAPCO’s WOP pipelines represents a significant advancement in Pakistan’s energy infrastructure. This project underscores the commitment of both companies to enhancing operational efficiency and meeting the growing demand for petroleum products.
Pak-Arab Refinery Limited was founded with an authorized capital of Rs. 1.5 billion. Incorporated in Lahore and starting operations in Karachi, PARCO marked a strategic milestone, reducing Pakistan’s dependency on imported fuel products and fostering a significant economic partnership with the UAE.
The construction of Karachi Mahmoodkot (KMK) Pipeline. It is an underground pipeline stretching 864 kilometers from Korangi, Karachi to Mahmoodkot.
Pakistan’s demand for oil had surged, leading to severe congestion at Keamari, the country’s primary oil receiving port. Ships languished for weeks, incurring hefty demurrage charges and widespread disruptions to business.
In response, PARCO initiated the Debottlenecking Keamari Facility (DKF) Project, an innovative solution to overcome the crippling congestion. The project involved constructing a new pipeline directly connecting oil-carrying ships to the tank farm at Korangi, effectively bypassing the congested Keamari Port. This strategic rerouting not only alleviated the port’s bottlenecks but also optimized the entire supply chain by reducing logistical costs and enhancing efficiency.
In 1992, PARCO substantially increased the efficiency of its 864-kilometer Karachi! To MahmoodKot (KMK) Pipeline. Originally equipped with a single intermediate pumping station and a capacity of 2.9 million tons per year, the introduction of Flow Improvement Technology boosted this capacity to 4.5 million tons per year. This innovation improved throughput and operational efficiency, allowing PARCO to better meet the increasing energy demands.
Leveraging 1992’s technological strides, PARCO further enhanced its operational capacity in 1994 with the completion of two new intermediate pumping stations at Bubak in Sindh, and Fazilpur in Punjab. This strategic addition not only utilized the existing pipeline infrastructure but also extended its capabilities. With these stations, the pipeline’s capacity rose to 4.5 million tons annually without flow improvements, and up to 6.0 million tons with them. This enabled PARCO to meet the growing petroleum demand in Pakistan’s northern regions which was a significant step in the ongoing journey of optimizing energy distribution nationwide.
In 1995, the groundbreaking ceremony of the Mid-Country Refinery marked the inception of a cutting-edge facility that would revolutionize energy production. Strategically located in Muzaffargarh, in the heart of Pakistan, this state-of-the-art refinery laid the foundation of a versatile and robust operation, capable of producing a diverse range of high-demand products. With its advanced technology and strategic placement, the Mid-Country Refinery was poised to set new standards in efficiency and output, driving both economic growth and industrial innovation. This monumental project not only enhanced the local infrastructure but also contributed significantly to energy security and self-sufficiency, reducing dependence on imported fuels and fostering regional development. The refinery’s establishment underscored a pivotal moment in the energy sector, reflecting commitment to progress and sustainability while paving the way for future advancements in refining technology and processes.
PARCO extended its reach significantly by completing the 364-kilometer MFM Pipeline. This pipeline stretches from Mahmoodkot to Machike near Sheikhupura, with Faisalabad serving as a crucial intermediary hub. The MFM was initially developed with an annual capacity of 3 million tons, which was later enhanced to 7 million tons, with the capability to transport both Diesel and Petrol. This vastly improved the delivery of refined products to key markets, particularly Lahore. To further optimize the MFM Pipeline route, PARCO inaugurated a gantry facility at Faisalabad in 2002. This strategic addition addressed the rising demand for fuel in smaller regional markets around Faisalabad. The gantry streamlined product transfer, ensuring a consistent and efficient supply chain across the region. This highlighted PARCO’s strategic foresight in fueling Pakistan’s growing energy needs while strengthening its network.
