Total Parco
 | |
| Type | Private |
|---|---|
| Industry | Petroleum |
| Founded | 2002 |
| Headquarters | Karachi, Pakistan |
| Parent | Total S.A. Pak-Arab Refinery |
| Website | www |
Total Parco Pakistan Limited, stylized as TOTAL PARCO, is a Pakistani oil marketing company which is a subsidiary of French company Total S.A. The company is based in Karachi, Pakistan.
It was founded in 2002 as a joint venture between Pak-Arab Refinery (PARCO) and Total S.A.[1]
History[]
In 2013, the company announced a plan to acquire 438 petrol stations of Chevron Corporation Pakistan.[2]
In 2015, the company announced to acquire and rename Caltex petrol pumps in Pakistan by an investment between US$200 million and US$250 million.[3]
References[]
- ^ "TOTAL-Parco secures 4.5pc market share". Dawn (newspaper). 27 August 2003. Retrieved 15 September 2020.
- ^ Dinesh Nair and Michel Rose (17 September 2013). "France's Total snaps up Chevron's Pakistan retail network". Reuters News Agency website. Retrieved 15 September 2020.
- ^ Tariq Ahmed Saeedi. "Total Parco plans Rs21 billion investment for Caltex acquisition". The News International (newspaper). Retrieved 15 September 2020.
 | This Pakistani corporation or company article is a stub. You can help Wikipedia by . |
Categories:
- TotalEnergies
- Pakistani subsidiaries of foreign companies
- Oil and gas companies of Pakistan
- Energy companies established in 2002
- 2002 establishments in Pakistan
- Companies based in Karachi
- Privately held companies of Pakistan
- Pakistani company stubs