PARCO Coastal Refinery
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PARCO Coastal Refinery Limited is a proposed Pakistani
oil refinery An oil refinery or petroleum refinery is an industrial process plant where petroleum (crude oil) is transformed and refined into useful products such as gasoline (petrol), diesel fuel, asphalt base, fuel oils, heating oil, kerosene, lique ...
in Khalifa Point in
Lasbela District Lasbela District (Urdu and bal, , Sindhi Lasi: لسبيلو) is a coastal district of Balochistan province of Pakistan. It is also called Sassi-Punnu Garh () among localites. History Alexander the Great passed through Lasbela on his way ...
,
Balochistan Balochistan ( ; bal, بلۏچستان; also romanised as Baluchistan and Baluchestan) is a historical region in Western and South Asia, located in the Iranian plateau's far southeast and bordering the Indian Plate and the Arabian Sea coastline. ...
,
Pakistan Pakistan ( ur, ), officially the Islamic Republic of Pakistan ( ur, , label=none), is a country in South Asia. It is the world's List of countries and dependencies by population, fifth-most populous country, with a population of almost 24 ...
. It is established by the
Pak-Arab Refinery Pak-Arab Refinery Company Limited (PARCO) ( ur, ) is a Pakistani joint venture oil and gas company active in refining, transporting and marketing petroleum products. Overseas See also * List of oil refineries * Pakistan Refinery Limited ...
(PARCO) which is a joint-venture between governments of
Pakistan Pakistan ( ur, ), officially the Islamic Republic of Pakistan ( ur, , label=none), is a country in South Asia. It is the world's List of countries and dependencies by population, fifth-most populous country, with a population of almost 24 ...
and
Abu Dhabi Abu Dhabi (, ; ar, أَبُو ظَبْيٍ ' ) is the capital and second-most populous city (after Dubai) of the United Arab Emirates. It is also the capital of the Emirate of Abu Dhabi and the centre of the Abu Dhabi Metropolitan Area. ...
. The refinery site is to be located west of
Hub, Balochistan Hub ( ur, ) is a city and capital of the Hub District in Balochistan, Pakistan. It is the 49th largest city of Pakistan by population according to the 2017 census, and is also Balochistan's fourth-largest city. Hub is an industrial city and i ...
, near Gaddani coastal area. It covers . The project is expected to cost US$6 billion. The refinery will have a capacity of , equal to 13 million tons of petroleum products per year. In addition to the refinery, the project includes also 250  MW natural gas-fired power plant, a grid station, a seaport jetty and a city to accommodate refinery workers. The project was approved by Government of Pakistan in October 2007. As of August 2013, Abu Dhabi plans to revive Khalifa refinery project after Debt has been cleared.


References

{{coord missing, Pakistan Oil refineries in Pakistan Lasbela District Energy in Balochistan, Pakistan Pakistan–United Arab Emirates relations