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State Petroleum Refining & Petrochemical Corp. (Pvt) Ltd.

Company Profile:

the company profile for State Petroleum Refining & Petrochemical Corporation (Pvt) Ltd. (PERAC) in English, including its classification:

Company Profile: State Petroleum Refining & Petrochemical Corporation (Private) Limited (PERAC)

Introduction:

State Petroleum Refining & Petrochemical Corporation (Private) Limited (PERAC) is a state-owned enterprise (SOE) established by the Government of Pakistan. It operates under the administrative control of the Ministry of Energy (Petroleum Division).

Establishment and Mandate:

PERAC was established, reportedly around 1974, with the primary objective of promoting, developing, and managing the petroleum refining and petrochemical industries in Pakistan. Its core mandate was to enhance the country's self-sufficiency in refined petroleum products and basic petrochemicals.

Historical Role and Activities:

Historically, PERAC played a significant role in the strategic development of Pakistan's downstream oil and gas sector. It was involved in:

Planning and establishing new refining and petrochemical projects.

Managing state interests and investments in related enterprises.

Overseeing the operations of certain state-owned refining entities (like National Refinery Limited, NRL, at one point).

Facilitating technology transfer and development within the sector.

Current Status:

Over the years, due to sector reforms, privatization initiatives, and restructuring within Pakistan's energy landscape, PERAC's direct operational role has significantly diminished. Many of the functions it once performed may now be handled directly by the Ministry of Energy, regulatory bodies, or the individual operating companies (some of which may have been privatized). While it may still legally exist, its prominence and active project portfolio are understood to be considerably reduced compared to its earlier years.

Classification: Factory or Trader?

PERAC is not primarily a factory operator itself, nor is it a trading company.

It functioned primarily as a state-owned holding, development, and management corporation. Its core business was focused on the establishment, strategic planning, and oversight of manufacturing facilities (refineries and petrochemical plants/factories) within the state sector.

Therefore, while it didn't operate one single large factory under its direct nameplate in the way a typical manufacturing company might, its entire purpose and function were fundamentally tied to the industrial manufacturing (factory) sector through its role in developing and managing these assets. It was not engaged in the business of buying and selling finished goods like a trading company.

Enterprise Products

a list of typical products produced or marketed by entities associated with or under the purview of Pakistan's State Petroleum Refining & Petrochemical Corp. (Pvt) Ltd. (PERAC). PERAC often acts as a holding or coordinating body for state interests in refining and petrochemicals, so these products generally come from refineries like National Refinery Limited (NRL), Pak-Arab Refinery Limited (PARCO), etc.

Products:

Liquefied Petroleum Gas (LPG): Used as cooking and heating fuel.

Motor Gasoline (Mogas / Petrol): Fuel for gasoline-powered vehicles. Different grades may be available (e.g., Ron 92, Ron 95).

Naphtha: Used as a feedstock for the petrochemical industry (e.g., for producing gasoline components or chemicals) and as a solvent.

Kerosene Oil / Superior Kerosene Oil (SKO): Used for lighting, cooking (in specific stoves), and as a solvent.

Jet Fuel (Aviation Turbine Fuel - e.g., Jet A-1): Fuel for aircraft with turbine engines.

High-Speed Diesel (HSD): Fuel for diesel engines in vehicles, generators, and industrial equipment.

Light Diesel Oil (LDO): Used in some agricultural pumps and industrial furnaces.

Furnace Oil (FO) / Fuel Oil: Heavy fuel used in industrial furnaces, boilers, and power generation.

Bitumen (Asphalt): Used primarily for road construction and roofing. Various grades are produced based on penetration or viscosity.

Lubricant Base Oils (LBO): Base stocks used for blending finished lubricating oils and greases.

Petrochemicals: Such as Benzene, Toluene, Xylene (BTX), which are basic building blocks for various chemical industries (plastics, solvents, synthetic fibers, etc.).

Please note that the specific product slate and availability can vary depending on the individual refinery's configuration and market demand. For the most current and detailed product list, consulting the specific operating companies (like NRL or PARCO) would be recommended.

Business Registration Information:

Manager:

No Data

Phone:

(92 21) 39203661

E-mail:

info@perac.gov.pk

Official Website:
Address:

G. Floor, PIDC House, Dr. Ziauddin Ahmed Road Karachi, Sindh, Pakistan

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