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T o o l s
A c t i o n s
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G e n e r a l
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F r o m W i k i p e d i a , t h e f r e e e n c y c l o p e d i a
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 Lahore , Pakistan.
Company overview
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It was founded in 2002 as a joint venture between Pak-Arab Refinery (PARCO) and Total S.A. [1]
Total Parco Pakistan Ltd. has 800 petrol pumps. Whereas Cnergyico has 982 petrol pumps, the State-owned Pakistan State Oil Co. has 3,500 petrol pumps and Shell Pakistan Ltd . has 766 petrol pumps.[2]
History
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In 2013, the company announced a plan to acquire 438 petrol stations of Chevron Corporation Pakistan.[3]
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 .[4]
References
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^ 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 .
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